404 Qu'appelle Av - Apartments FOR SALE


Winnipeg, MB R3B 1X1
$1,895,000 CAD
204-985-1358
404 Qu'appelle Av, Winnipeg, MB for Sale
$1,895,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

404 Qu'appelle Av
Winnipeg, MB R3B 1X1


HIGHLIGHTS

  • New electrical & plumbing
  • New roof & new boiler
  • New windows & full unit renovations
  • Fire protection and alarm systems

OVERVIEW

Capital Commercial Investment Services (“Capital”) is pleased to offer for sale a 100% interest in 404 Qu’Appelle Avenue in Winnipeg, Manitoba (the “Properties”). The Property is made up of 28 renovated residential suites. The Property is centrally located and benefits from easy access to an established residential neighbourhood, the University of Winnipeg, and downtown Winnipeg. The Property allows for significant upside and NOI growth by increasing the rental rates as they are currently well below market for their respective areas.

FOR SALE DETAILS

PRICE

$1,895,000 CAD

PRICE/SF

$162 CAD /SF

# OF UNITS

28

PRICE/UNIT

$67,679

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,038 SF

ZONING

D

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Luke PaulsenCapital Commercial Real Estate Services Inc.More Info
204-985-1358

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

Luke PaulsenCapital Commercial Real Estate Services Inc.More Info
204-985-1358

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