SOLD - Apartment Portfolio - 90 Units

Dartmouth, Nova Scotia

Request Information

Building

Stats

  • Property Type Multifamily - Low-Rise/Garden
  • Building size (SF) 55,000
  • Price $12,150,000 CAD

Overview

Existing, income producing apartment portfolio with the potential to renovate or refurbish, and to achieve attractive upside in

revenue over time. The basic structure of all assets consists of concrete foundations, wood framing and a combination of brick in vinyl exteriors. The interiors are generally a mix of laminate, carpet and tile with drywall and standard residential finishes. All are heated by boilers with natural gas or oil. Tenants pay for their own electricity via separately metered units. The vendor would consider selling the assets on an individual basis, with a strong preference for a full portfolio purchase. Attractive financing opportunities are available for both short and long-term needs. Please inquire about preliminary sample financing opportunities.

Highlights

A breakdown of the existing buildings is as follows: 20 Brule Street, Dartmouth - 11 Units, 4 Crystal Drive, Dartmouth - 12 Units, 7 Jackson Road, Dartmouth - 45 Units, 29 Primrose Street, Dartmouth - 22 units

Total - 90 units
Unit Type: 72 - 1 Bedroom, 15 - 2 Bedroom, 1 - 3 Bedroom, 2 - Bachelor Suites

Purchase Price: Subject to Offer

Location Map

Team

William Hachey

Sales Representative
Avison Young - CA - NS - Halifax
9024488988

Michael Brown

Managing Director & Broker
Avison Young - CA - NS - Halifax
9022296179

Downloads

Floor Plan - 4 Crystal Drive, 1 Bedroom Unit.jpeg

Floor Plan - 7 Jackson Road, 1 Bedroom Unit.jpeg

Floor Plan - 20 Brule Street, 1 Bedroom Unit 522 Sf.jpeg

Floor Plan - 29 Primrose Street, 1 Bedroom Unit.jpeg

Floor Plan - 20 Brule Street, 1 Bedroom Unit 667 Sf.jpeg

Rent Roll - 7 Jackson Road.pdf

Rent Roll - 4 Crystal Drive.pdf

Financial Summary - 90 Units - Short Form.pdf

Rent Roll - 29 Primrose Street.pdf

Rent Roll - 20 Brule Street.pdf

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