Multi-Family for Sale

Multi-Family for Sale
Catylist Listing ID: 30516333
Number of Units: 17 Units
Building Size (RSF): 18,326 SF
Gross Building Area: See Agent
Gross Land Area: 1.11 Acres
Sale Price: $1,150,000
Unit Price: $67,647.06 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/15/2019

Overview / Comments

Fully Occupied - 17 Suites Apartment In the Town of Pinawa.
(11 - 2 bedroom and 6 - 1 bedroom)
- Built on solid bedrock with steel frame construction. Original construction done for Atomic Energy of Canada for its employees.
- Rent includes: Parking, hydro, heat and cable.
- Partial roof replaced in 2015 and some newer windows.
- Low rents so there is the ability to rehabilitate suites to raise the income.
- Situated in a tranquil setting in the town of Pinawa with the Winnipeg River nearby and neighbouring the Whiteshell Provincial Park
- 100% Leased

Additional Details

Market: Winnipeg
Submarket/Township: R29
Zoning: R2
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Parking Type: Surface
Total Parking Spaces: 17
Laundry: Shared

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Photograph of Listing Agent

Mark Thiessen

RE/MAX professionals
CPIX® Member
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