Fantastic opportunity to obtain a well-managed 60 door multifamily portfolio in a stable and accessible secondary market! The portfolio consists of 6 separately titled buildings (three 8-plexes + three 12-plexes) totalling 60 doors of 1 & 2 bedroom units. With typical '60's & '70's design, all buildings are are well-built walk-ups without the maintenance costs of elevators and feature clean and attractive common areas. Being in the town of North Battleford they are all within a conveniently manageable and tight geographic area. The properties are largely renovated with stable and long term tenants, and are closely managed by a dedicated local property manager.Roughly a third of the suites could use refresh/improvements for increased rentability, but the package CAN be fully renovated and sold with a 2-stage close if desired. With a waiting list for available apartments, this portfolio is a no-brainer & priced to provide value. More information available on request. See the attachments for details!
Courtesy of: CIR REALTY