Turn Key 8 Unit Apartment Block
Multi-Family
for Sale
Catylist Listing ID: |
30860897 |
Property Subtypes: |
Government Subsidized, Other
|
Number of Units: |
8 Units |
Building Size (RSF): |
7,600 SF |
Gross Land Area: |
6,544 SF
|
Sale Price: |
$1,499,000 |
Unit Price: |
$187,375 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Purchase Money Mortgage |
Cap Rate: |
Undisclosed |
Last Updated: |
11/20/2023 |
Overview / Comments
3.150% Interest !!! Lender willing to allow qualified buyer to assume the current mortgage!! Rare opportunity to own a TURN KEY 8 apartment unit building built in 2015. The property has been registered under Manitoba Housing and Renewal Corporation Rental Supplement Program, which has allowed the Landlord ZERO VACANCY as it provides the Landlord with covering the rent for a 1 month vacancy if it occurs. Well-maintained building features 4-2 bedroom units, 4-3 bedroom units, laundry facility, and ample onsite parking. Great revenue and additional revenue from laundry facility and rear parking (CURRENT GROSS ANNUAL REVENUE OVER $120,000.00). Solid and detailed construction sparing no expenses. Great features include maintenance free exterior, separate office space + bathroom, surveillance cameras, and much more!
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Additional Details
Nearest MSA: |
Winnipeg |
Market: |
Winnipeg |
Tax ID/APN: |
14000724000 |
Zoning: |
R2 |
Total Number of Buildings: |
1 |
Property Condition: |
Excellent |
Number of Stories: |
1 |
Year Built: |
2015 |
Construction/Siding: |
Wood Frame |
Parking Type: |
Surface |
Total Parking Spaces: |
6 |
Laundry: |
Shared |
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The information presented herein is provided as is, without warranty of any kind.
Neither Winnipeg Regional Real Estate Board nor
Moody's assume any liability for errors or omissions.
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