Catylist Listing ID: 30817039
Property Subtypes: Mid-Rise
Number of Units: 70 Units
Building Size (RSF): 46,419 SF
Gross Building Area: See Agent
Gross Land Area: 40,981 SF
Sale Price: $11,000,000
Unit Price: $157,142.86 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/9/2022

Overview / Comments

Capital Commercial Investment Services (“Capital”) has been retained by the Vendor for the purpose of exclusively marketing for sale a 100% interest in its 4-building, 70-unit Winnipeg Apartment Portfolio. The Portfolio is comprised of 4 properties: 439 Berry Street, 475 Berry Street, 154 Evanson Street and 1305 Main Street (referred to individually as the “Property” and/or the “Site”, and collectively as the “Portfolio”, the “Offering” and/or the “Properties”) and are being offered for sale on a portfolio basis. The Portfolio consists of a total of 70 suites and 2 commercial retail units. The Properties offer a strategic opportunity for investors to gain immediate scale in the stable Winnipeg market with an established rent roll at below-market rents. The Properties are all well located in their respective communities, situated on major local routes, and provide tenants with ample public transportation and amenities.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 07021905000
Zoning: VARIES
Total Number of Buildings: 4
Property Condition: Good

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Contact

Photograph of Listing Agent

Luke Paulsen Personal Real Estate Corporation

Capital Commercial Real Estate Services Inc.
CPIX® Member
Photograph of Listing Agent

Trevor Clay Personal Real Estate Corporation

Capital Commercial Real Estate Services Inc.
CPIX® Member
Photograph of Listing Agent

Bryn Oliver Personal Real Estate Corporation

Capital Commercial Group
CPIX® Member
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