Fort St John Portfolio
Strategic market timing and management deliver a 39% average annualized ROI
OCMI identified a prime investment opportunity in the Fort St. John market in northern British Columbia during a key economic cycle. Acquired in 2003 and 2004, this 130-unit portfolio was strategically timed to capitalize on the market’s rebound from an economic downturn. Our expert property management transformed these units into the top value proposition in the area, resulting in long-term success for our investors.
Project Overview:
The Fort St. John market portfolio was a strategic acquisition by OCMI during a pivotal economic cycle in 2003 that includes The Woods and Green Glen. This 5-building, 130-unit portfolio was carefully timed to capitalize on the market’s recovery, transforming it into a highly successful investment with exceptional long-term results.
Strategic Implementation:
- Market Timing and Acquisition: OCMI identified Fort St. John as a high-potential market during its transition from downturn to boom, strategically acquiring the properties to maximize future returns.
- Hands-On Property Management: Through expert management, OCMI enhanced the portfolio’s value, turning it into the leading rental option in the area, ensuring consistent occupancy and long-term success.
- Long-Term Cash Flow and ROI: Investors benefited from 20 years of cash flow distributions and substantial equity appreciation, achieving an impressive 39% average annual return.
Impact and Results:
OCMI’s strategic management of The Woods and Green Glen resulted in transforming this 130-unit portfolio into the premier rental option in Fort St. John. The project provided consistent cash flow and substantial equity appreciation, setting a new standard for quality and value in the local market.
