Catylist ID:
#30645841
| Catylist Listing ID: | 30645841 |
| Property Subtypes: | Mid-Rise |
| Number of Units: | 17 Units |
| Building Size (RSF): | 18,325 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.17 Acres |
| Sale Price: | $1,775,000 |
| Unit Price: | $104,411.76 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/11/2021 |
Overview / Comments
|
17 suites fully occupied (11 - 2 bedroom and 6 - 1 bedroom) Spacious, bright and well maintained suites Each suite has a storage locker Large paved parking lot Rent includes: parking, hydro, heat and water New windows (with window A/C) and interior doors in 2011 Roof replaced in 2014 from a flat tar & gravel to 5/12 pitch roof and asphalt shingles Brick finish received maintenance and repointing in 2016 Front sidewalk replaced in 2016 Since 2011, 5 kitchens and 8 bathrooms were entirely renovated Coin operated laundry equipment recently replaced Fire alarm panel in 2019 including heat detectors in each suite and the attic, as well as smoke detectors in hallways Crawl space drainage improved in 2017 with 2 new sump pumps and concrete tiles replaced with socked plastic drain tiles All rents registered with RTB Low rents so there is the ability to rehabilitate suites to raise the income Tranquil setting in the town of Pinawa and neighbouring the Whiteshell Provincial Park Historically 100% Leased Across from the shopping mall on Pinawa. Peaceful setting with the Winnipeg River nearby. Pinawa has all the following amenities to offer: hospital, grocery store, and a championship golf course. |
Attachments & Media
Additional Details
| Market: | Winnipeg |
| Submarket/Township: | R29 |
| Tax ID/APN: | 10000.000 |
| Zoning: | RMFS |
Contact
Mark ThiessenRE/MAX professionalsCPIX® Member |
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