5 Pioneer S - Apartments FOR SALE


Lorette, MB R5K 0Y7
$3,500,000 CAD
204-223-0135
5 Pioneer S, Lorette, MB for Sale
$3,500,000 CAD
Apartments - FOR SALE
1/1
null | 5% Cap Rate

5 Pioneer S
Lorette, MB R5K 0Y7


HIGHLIGHTS

  • Given the age of the property and the per unit rental rate, Evergreen Place is exempt from the Residential Tenancy Act rent control guidelines.
  • Offered for sale at $3,500,000 at a stabilized income capitalization rate of 5.0%.
  • on-site parking for a total of 24 (12 per side), plus two guest parking spots
  • served by municipal water and sewer, hydro, electricity and natural gas
  • Financing: treat as clear title

OVERVIEW

Avison Young is pleased to offer for sale Evergreen Place, an attractive 12 unit townhome rental property located on Pioneer’s Trail in Lorette, Manitoba.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$174 CAD /SF

# OF UNITS

12

PRICE/UNIT

$291,667

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lindsay WardAvison YoungMore Info
204-223-0135

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Lindsay WardAvison YoungMore Info
204-223-0135

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