Investment Opportunity For Sale

Multi-Family for Sale
Catylist Listing ID: 30765806
Property Subtypes: Mixed Use, Other
Number of Units: 10 Units
Building Size (RSF): 11,337 SF
Gross Building Area: See Agent
Gross Land Area: 4,326 SF
Sale Price: $1,990,000
Unit Price: $199,000 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/2/2022

Overview / Comments

Prairie Lofts—3 storey mixed building
- 2 main floor commercial units
- 8 residential units in the upper floors consisting of: 5-1 bedroom, 1–1.5 bedroom, 1-2 bedroom and 1-2.5 bedroom
- Original buildings built in 1902-1904 but present owners completely gutted and renovated the spaces in 2017
- Main floor long term tenants (Innomar, which is a medical clinic, and Ten Thousand Villages)
- The 8 residential suites feature in-suite laundry, updated kitchens, bathrooms, appliances, reclaimed wood and new flooring
- Updated plumbing, electrical, roof, HVAC, windows and doors, fire suppression systems and safety systems

Check brochure for more info
Assumable CMHC financing may be available

Attachments & Media

Additional Details

Nearest MSA: Brandon
Market: Winnipeg
Tax ID/APN: 31625.000
Zoning: HES
Year Built: 1909
Year Renovated: 2017

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Contact

Photograph of Listing Agent

Jane Arnot

RE/MAX PROFESSIONALS
CPIX® Member
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