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Extras: Attention Investors! BRAND NEW, 3-STOREY, 12 UNIT BUILDING. Under Construction, built by a PREMIUM BUILDER with a successful portfolio. Immediate CASH FLOW with an estimated 5.8% CAP RATE. COMPLETION expected Feb 1, 2020. Conveniently located in the growing town of Winchester just south of Ottawa, 2KM from Hospital. 12 modern units with a mix 1, 2, & 3 bedroom units. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 12 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 22 PARKING SPOTS incl. visitor and disabled parking, 40-year fiberglass shingles. Each apartment will be equipped with a fridge, stove, & dishwasher. Great management team in place & existing contract can be assumed. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to grocery stores, shopping, & hospital. Income and expenses are estimated as the building is yet to be completed and operational. OWN THIS BRAND NEW ASSET TODAY! (id:2470)
Listing courtesy of CAPITAL HOMES REALTY INC.
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Brokered By: CAPITAL HOMES REALTY INC., Brokerage