138 Lorne Avenue

Multi-Family for Sale
Catylist Listing ID: 30642838
Number of Units: 8 Units
Building Size (RSF): 11,766 SF
Gross Building Area: See Agent
Gross Land Area: 11,766 SF
Sale Price: $1,735,000
Unit Price: $216,875 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/18/2020

Overview / Comments

Cushman & Wakefield | Stevenson is pleased to offer for sale a 100% interest in an (8) suite apartment buildinglocated at 138 Lorne Street, Winnipeg, Manitoba (the “Property”). Offered for the first time since it was built in 2015, the Property offers a steady rental income stream with an extremely low history of vacancy. The Property has been registered under MHRC’s Rental Supplement Program since it was built and MHRC has renewed the RSP for another (5) years. The RSP provides prospective tenants from a long wait list as vacancies become available at the Property with many other Landlord friendly benefits that serve to minimize vacancy costs.

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Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 4A
Tax ID/APN: 07030104100
Zoning: R2
Number of Stories: 2
Year Built: 2015
Roof Type: Flat
Parking Type: Surface
Laundry: Shared

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Contact

Photograph of Listing Agent

Kenneth Yee

Cushman Wakefield Winnipeg
CPIX® Member
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