20 Bradmon Dr - Apartments FOR SALE


St Catharines, ON L2M 3S5
$19,000,000 CAD
416-907-8280
20 Bradmon Dr, St Catharines, ON for Sale
$19,000,000 CAD
Apartments - FOR SALE
1/1
null | 4.63% Cap Rate

20 Bradmon Dr
St Catharines, ON L2M 3S5


OVERVIEW

70+ suite rental apartment project in prime north St. Catharines. Mid rise rental property with 70% of the suites renovated to a high quality. Common areas and lobby have been updated as well. Large suites mostly two bedrooms with balconies. Hydro sub metered with about 30% of the tenants still not paying their share of hydro. Strong and well qualified tenant profile. Still strong rental upside.

FOR SALE DETAILS

PRICE

$19,000,000 CAD

PRICE/SF

$219 CAD /SF

# OF UNITS

79

PRICE/UNIT

$240,506

CAP RATE

4.63%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capri Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1968

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

-

APN/PARCEL ID

262905002503000

ASK ABOUT THIS PROPERTY

Mitchell ChangCommercial Focus Realty Inc.More Info
416-907-8280

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Mitchell ChangCommercial Focus Realty Inc.More Info
416-907-8280

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