345 Talbot Avenue

Multi-Family for Sale
Catylist Listing ID: 30809175
Property Subtypes: Low-Rise/Garden
Number of Units: See Agent
Building Size (RSF): 15,748 SF
Gross Building Area: See Agent
Gross Land Area: 15,748 SF
Sale Price: $2,750,000
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/24/2022

Overview / Comments

This property is conditionally sold.

Oak Arms is a 24-suite apartment building consisting of 18 one-bedroom suites and 6 two-bedroom suites located in Elmwood. Property benefitted from attentive hands-on management by the owner from 2015-2021, and is currently being professionally managed. Storage lockers available at no cost to the tenants, located in the common rooms on each floor. Some units have been renovated on tenant turnover to have flat-top ovens, vinyl flooring, and newer countertops and backsplashes. Opportunity for value enhancement through continuation of suite upgrades on turnover.

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 14091812100
Zoning: R2

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Contact

Photograph of Listing Agent

Matt Odger

Colliers International
CPIX® Member
Photograph of Listing Agent

Brian Taillieu

Colliers International
CPIX® Member
Photograph of Listing Agent

Steven Foubert

Colliers International
CPIX® Member
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