22 Door Apartment Complex Close to HSC: 471 William

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30360199
Property Subtypes: Mid-Rise
Status: Pending/Contingent
Number of Units: 22 Units
Building Size (RSF): 17,898 SF
Gross Building Area: See Agent
Gross Land Area: 6,566 SF
Sale Price: $1,600,000
Unit Price: $72,727.27 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Gross Rent Multiplier: 8
Last Updated: 5/22/2019

Overview / Comments

Coldwell Banker Commercial Preferred R.E. has been retained to act in the sale of this exceptional investment opportunity located east of Salter and close to various amenities, public transit and the HSC. Rare opportunity to own a solid multi-family investment with the assumption of an existing mortgage, currently locked in at 3.721%.

Building Features as Follows:
-22 units offered for $1,600,000, or $72,227/door
- configured as 12-1's and 10-2's
- All rents are registered with the RTB.

Showings to start January 3, and are to be scheduled 24 hrs in advance, during business hours and through the listing agent only with offers being reviewed by the seller as received.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Zoning: RMFL
Community Amenities: Community Building, Restaurant(s)
Property Condition: Good
Number of Stories: 3
Roof Type: Flat
Construction/Siding: Brick
Heat Type: Electricity
Heat Source: Baseboard
Fuel: Electric
Zoning Description: RMFL
Water Service: Municipal
Sewer Type: Municipal

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Photograph of Listing Agent

Cliff Dyck

Coldwell Banker Preferred R. E.
CPIX® Member
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