150 Hughson LP

150 Hughson Street is a premier investment opportunity located in downtown Hamilton, Ontario. This property comprises 56 residential units and 5,000 square feet of commercial space, with a 135% rental upside and potential to add 10+ residential units. Backed by a proven partnership structure and a pre-established exit strategy, this value-enhancement project is designed to deliver attractive returns to investors while capitalizing on Hamiltion’s growing demand for high-quality urban living spaces. 

Attractive Value-Add Opportunity

‍150 Hughson Street has a significant rental upside through capital improvements and the potential to add residential units, enhancing long-term profitability‍

Experienced and Proven Developer

Investors can rely on Lankin Investments’ solid track record of successfully executing projects across Canada‍

Strategic Downtown Location

‍The property benefits from proximity to key amenities such as entertainment venues, hospitals, and public transit to ensure high tenant demand‍

Tax-Efficient Investment Structure

‍Unitholders benefit from flow through taxable losses, potentially reducing taxable income through the partnership’s reported losses.‍

Pre-Established Exit Strategy

‍The partnership has a pre-established purchaser for the property upon competition, offering a clear exit plan to ensure liquidity for investors.

The partnership for 150 Hughson Street involves the acquisition, ownership, and execution of a strategic value-add project to maximize the property’s potential. This project will enhance the asset through renovations and the addition of new residential units, achieving significant rental growth and operational efficiency. Upon completing the value-add strategy, the partnership intends to hold the property for sale, with a pre-established purchaser secured, subject to criteria outlined in the Limited Partnership Agreement. Target returns for investors include a 14-18% annualized total return, with a structured profit-sharing model ensuring competitive payouts to Limited Partners.