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Lankin Apartment LP

By:

Lankin Investments

The Lankin Apartment LP  offers investors the opportunity to acquire a diversified portfolio of newly constructed and stabilised multi-family properties in prime Canadian rental markets - targeting annualised returns of 14-20% and monthly cash distributions.

Location

Alberta
Ontario

Risk Profile

Moderate - High

N/A

Min. investment

$100,000 for Class A LP

Investment Strategy

Value Add

ARR

14-20%

Horizon

Open-Ended Term

Introduction

The Lankin Apartment LP is focused on acquiring a portfolio of high-quality, stabilised, and newly constructed multi-family properties in core rental markets across Canada. The partnership will work to maximise net operating income (NOI) and cash flow through operational efficiencies and targeted capital improvements. Investors in the fund will benefit from a target annualised return of 14-20%, as well as an 8% annual cash distribution, paid monthly. The partnership structure provides personal and corporate tax advantages, offering an opportunity for investors to participate in high-growth, core-plus assets across Canada’s most robust markets. 

Key Reasons to invest

High Targeted Returns

Projected total annualized returns of 14%-20%, providing strong growth and monthly cash distributions 

Consistent Cash Flow

Annualised cash distributions of 8%, paid monthly, offering steady passive income. 

Core-Plus Assets

A diversified portfolio of newly constructed and stabilised properties in the high-demand Canadian market, ensuring stability and growth potential. 

Strategic Financing

Access to CMHC MLI Select financing, allowing for favorable terms that maximise ROI and provide long-term financial stability.

Prime Location

Properties located in transit-oriented, high-demand areas close to schools, parks, public transit, and other key amenities. 

Project Overview

The partnership is set to acquire a diversified portfolio of newly constructed and stabilised multi-family properties in high-demand Canadian markets. The partnership will focus on maximising property performance through operational efficiencies, capital improvements, and strategic financing. By targeting core-plus assets with strong rental upside potential, the partnership aims to generate attractive returns while ensuring long-term growth and stable cash flow. 

The initial asset pool for the partnership currently includes two high-quality properties: 

75 & 77 Huron Heights Drive, Newmarket, ON 

A 110-unit property, located in Newmarket, Ontario, offering a combination of one-two-three-bedroom units. The property is well-positioned near transit, schools and highways, with an ideal location for attracting long-term tenants. Newmarket’s status is known as an Urban Growth Centre, with plans for significant population and infrastructure growth, further enhancing the investment potential of this asset. The property is expected to see a 46% rental life upon turnover, providing strong value growth.

2014 Sherwood Drive, Sherwood Park, AB

Located in one of Alberta’s most desirable rental markets, this newly constructed 177-unit multi-family development in Sherwood Park, Edmonton, offers a mix of two-bedroom and three-bedroom suites. The property’s location, just 20 minutes east of downtown Edmonton, provides access to a rapidly growing renter base and is well-situated near key amenities, schools and recreational facilities. This property is designed to meet the needs of a diverse range of tenants.

These two initial assets are strategically positioned to capitalise on growing demand in key markets, offering solid rental income and strong potential for long-term capital appreciation. As the partnership continues to grow, additional core-plus assets will be acquired to further diversify and enhance the overall portfolio. 

Location

The portfolio is composed of multi-family properties located in key Canadian rental markets, including Newmarket, Ontario, and Sherwood Park, Alberta. These locations are known for their strong economic foundations, growing populations, and high-demand for rental housing. Newmarket is recognised as an Urban Growth Centre by the Province of Ontario, with planned infrastructure projects and business development that support population growth. Sherwood Park, located near Edmonton, offers a high quality of life with excellent schools, parks, and recreational opportunities, making it a desirable place to live for families and professionals. Both markets offer long-term growth potential, driven by favorable demographic trends and local economic development. 

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Developer Overview

Lankin Investments is a leading Canadian asset manager with over $1 billion in assets under management who brings 15+ years of experience in executing successful real estate strategies. With 2,800+ units and 48 properties under management, Lankin specializes in acquiring and revitalizing aging apartment stock to extend its lifespan by 50 years through in-house asset, project, and property management capabilities.