22 unit building being offered for sale at aprox.


Property

Website:https://www.nestseekers.com/5455026
Address:
Central Huron N0M 1L0
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C1,750,000
($1,285,800)
(€1,098,500)
Annual Taxes:C22,550

Description

22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance.

Amenities

  • Major Highway

Contact

505 Park Ave, New York, NY 10022