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173 - 177 Kings Rd 21 Unit Apartment Building $11,868,656 CAD ($565,174 CAD/Unit) 6.42% Cap Rate Reading RG1 4EX
Investment Highlights
- Consists of a total 21 units
- Excellent transport links
- Great local amenities
Executive Summary
The asking price for this freehold property is £6,950,000. Currently receiving an approximate 6% yield for the AST Let units and 10% for the Short Lets.
Schedule of income available on request.
Schedule of income available on request.
Property Facts
| Price | $11,868,656 CAD | Property Subtype | Apartment |
| Price Per Unit | $565,174 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.42% | Lot Size | 0.52 AC |
| Tenure | Freehold | Building Size | 11,950 SF |
| No. Units | 21 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1840 |
| Price | $11,868,656 CAD |
| Price Per Unit | $565,174 CAD |
| Sale Type | Investment |
| Cap Rate | 6.42% |
| Tenure | Freehold |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 11,950 SF |
| No. Stories | 4 |
| Year Built | 1840 |
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173 - 177 Kings Rd
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