Apartment Building for Sale
Multi-Family
for Sale
| Catylist Listing ID: |
30853760 |
| Number of Units: |
11 Units |
| Building Size (RSF): |
7,800 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
18,750 SF
|
| Sale Price: |
$1,349,000 |
| Unit Price: |
$122,636.36 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Town Square Apartments |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2023 |
Overview / Comments
|
Showings will be made available on August 29th and 30th with offer deadline on September 6th at 3PM and response by Friday September 8th at 1PM. Excellent real estate investment located in a thriving and growing community in southern Manitoba. This is a rare opportunity to own a property that is in nice condition and includes 11 - 1 bedroom units that boasts a 0% vacancy rate in the last 5 years. Upgrades include windows in 2008, flooring in all units in the last few years as well as soffit/fascia and eavestroughs. All residents use a coin operated laundry at the south end of building and there is also a common room that has mailboxes inside. Each unit has direct access outside as well as interior hallway entrance. Each unit is approximately 610 sq ft and includes a small storage room for those extra items.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$8,380 (Annual) |
| Potential Rental Income |
$72,852 (Annual) |
Additional Details
| Nearest MSA: |
Winkler |
| Market: |
Winnipeg |
| Submarket/Township: |
R35 |
| Tax ID/APN: |
28000.000 |
| Zoning: |
R3 |
| Community Building |
| Year Built: |
1979 |
| Construction/Siding: |
Wood Frame |
| Laundry: |
Laundromat Nearby |
| Heat Type: |
Electricity |
| Heat Source: |
Baseboard |
| Fuel: |
Electric |
| Air Conditioning: |
Window Unit |
| Internet Access: |
Fiber Optic |
| Lot Frontage: |
150' |
| Lot Depth: |
125' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Winnipeg Regional Real Estate Board nor
Moody's assume any liability for errors or omissions.
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