Message Number406206
statusActive
Subject Line31 unit luxury apt building all units 2 bed 2 bath elevator concrete on new subdivision ready to build 2nd building on land proforma 4.27% cap $15,000,000.
Business area
Canada
Ontario
Southwestern Ontario
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingApril 20 2022
Type Description apartments
Price$15,000,000.00
Size31 units
CommentsProforma net $640,000. fast growing desirable area in south west On. proforma uses existing rents and expenses recorded on new build comparable buildings in this area
build the second 31 units approved on the site and the cap rate expected is 5% plus completion expected late 2022 to early 2023 Being constructed by the developer
PRINCIPALS ONLY
Internet Links
Client DetailsBuilder/Developer
Explain Client's Motivationcompleting subdivision
ControlListing
NameBruce Brown
TitleSales Representative
Company NameEd Lowe Limited, Brokerage
Address Line One190 Dunlop Street East
CityBarrie
State/ProvinceOntario
Zip/Postal CodeL4M 1B3
CountryCanada
Business Phone Number(705)726-3871
Cell Number705 791 4748
Home Number705 791 4748
FAX Number705 726 8260
Email AddressSend Email
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