12369 County Rd 16 - Apartments FOR SALE


Coldwater, ON L0K 2C0
$1,950,000 CAD
705-739-1300

NO PHOTO

$1,950,000 CAD
Apartments - FOR SALE
null | 3.78% Cap Rate

12369 County Rd 16
Coldwater, ON L0K 2C0


HIGHLIGHTS

  • Eight legalized units available
  • Requires capital improvements
  • 3 septic beds

OVERVIEW

Prime multi-residential investment opportunity featuring a two-story, 10-unit apartment building (8 units legalized) with net income of $73,785.94 annually. The building has separate hydro meters (not currently connected), 3 septic beds, and 1 drilled well. Being sold "as is" and "where is."

FOR SALE DETAILS

PRICE

$1,950,000 CAD

PRICE/SF

$297 CAD /SF

# OF UNITS

8

PRICE/UNIT

$243,750

CAP RATE

3.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

RM2

APN/PARCEL ID

435104000703800

ASK ABOUT THIS PROPERTY

Shannon MacintyreSutton Group - Incentive RealtyMore Info
705-739-1300

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Shannon MacintyreSutton Group - Incentive RealtyMore Info
705-739-1300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.