384 Frank St - Apartments FOR SALE


Ottawa, ON K2P 0Y1- Downtown
$3,300,000 CAD
613-604-0610
384 Frank St, Ottawa, ON for Sale
$3,300,000 CAD
Apartments - FOR SALE
1/3
null | 3.51% Cap Rate

384 Frank St
Ottawa, ON K2P 0Y1
Downtown


HIGHLIGHTS

  • Newly built (2020)
  • Fully occupied 8-unit apartment building
  • Unbeatable location, within walking distance to downtown, Lansdowne Park, and an array of shops

OVERVIEW

Newly built and fully occupied 8-unit apartment building in the heart of Centretown, Ottawa. This prime investment opportunity boasts an unbeatable location, within walking distance to downtown, Lansdowne Park, and an array of shops, restaurants, and entertainment, with quick access to the 417 on-ramp. Each modern unit is thoughtfully designed with high-quality finishes, in-unit laundry, and access to a large shared deck, perfect for outdoor relaxation. This low-maintenance, energy-efficient building is ideal for investors seeking a turn-key property. Situated in a highly desirable rental neighborhood, the property is fully occupied with quality tenants.

FOR SALE DETAILS

PRICE

$3,300,000 CAD

PRICE/SF

$528 CAD /SF

# OF UNITS

8

PRICE/UNIT

$412,500

CAP RATE

3.51%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

TM[2566] H(12)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dave McGahanCLV Group IncMore Info
613-604-0610

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

Dave McGahanCLV Group IncMore Info
613-604-0610

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