Catylist ID:
#30822752
New Strata-Titled Lakefront Apartments
Multi-Family
for Sale
| Catylist Listing ID: | 30822752 |
| Property Subtypes: | Low-Rise/Garden |
| Building Status: | Proposed |
| Number of Units: | 23 Units |
| Building Size (RSF): | 41,800 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 14,902 SF |
| Sale Price: | $5,200,000 |
| Unit Price: | $226,086.96 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/26/2023 |
Overview / Comments
|
52 Park Avenue is a fully occupied 23-unit new-build apartment in Lac du Bonnet, Manitoba. Situated at the edge of the lake, it has beautiful views overlooking the Winnipeg River and is within walking distance to the public dock and beach, main street retail outlets and amenities, and grocery stores. Highlights: • Strata-titled for ease into condominium sales • Prospective revenue upside as the average rent PSF is lower than other new builds • 83% 2-bedroom units • All units have over-sized balconies or a private fenced area • Underground parkade • Offered substantially below replacement cost More information is available in the brochure below. If you would like to subscribe to the Colliers Investment Team mailing list, receiving new listings, please send an email to matt.odger@colliers.com saying "Please subscribe me to the investment team mailing list". |
Attachments & Media
Additional Details
| Tax ID/APN: | 17300.200 |
| Zoning: | CCO |
Contact
Matt OdgerColliers InternationalCPIX® Member 
Steven FoubertColliers InternationalCPIX® Member |
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