Crestview Place
Built / Completion Year
2022
Capital Raised
$725,000
Target IRR (%)
18%
Location
Steinbach, Manitoba
Description:
Crestview Place started Stoneshore’s expertise in small-scale multifamily. With conservative underwriting and value-focused execution, investor equity appreciated by over 75% within 12 months. The project included 16 two-bedroom units with modern finishes and a focus on functionality. The property achieved strong lease-up metrics and excellent ROI upon refinance.
Features:
16-unit modern townhome project
Delivered above projected returns
75% investor equity growth
Professionally managed and stabilized
Milestone | Date |
|---|---|
Construction Start | August 2021 |
Build Duration | 12 Months |
Estimated Completion | June 2022 |
Lease-Up Phase | Fully Leased |
Target Exit / Refinance | 2026-2027 |
Property details
Location: Steinbach, Manitoba
Located near Rockridge Landing, in a high-demand residential community
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