32 Price Av - Apartments FOR SALE


Welland, ON L3C 3X9
$1,699,000 CAD
416-302-5464
32 Price Av, Welland, ON for Sale
$1,699,000 CAD
Apartments - FOR SALE
1/1
null | 6.2% Cap Rate

32 Price Av
Welland, ON L3C 3X9


HIGHLIGHTS

  • Retail amenities nearby
  • Access to highway
  • Ample parking
  • Commercialized area

OVERVIEW

Going in cap of 6.2% which includes estimates for super, prop mang, vacancy and R&M. 11 unit building comprised of all 2 Bed units. $154k/door. ROI with 20% down aprox 14.6%. Roof 2017. Sep hydro meters. Space for an additional 12th unit. Upside on full rent roll. Large lot ample parking. Perfect rental location to attract great tenants. Close to all amenities. All due diligence material is available in data room upon request.

FOR SALE DETAILS

PRICE

$1,699,000 CAD

PRICE/SF

$95 CAD /SF

# OF UNITS

11

PRICE/UNIT

$154,455

CAP RATE

6.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,956 SF

ZONING

RL1, RM

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joe MysakMysak Realty Inc BrokerageMore Info
416-302-5464

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

Joe MysakMysak Realty Inc BrokerageMore Info
416-302-5464

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