Log In/Sign Up
Your email has been sent.
Capri Apartments 20 Bradmon Dr 79 Unit Apartment Building $19,000,000 CAD ($240,506 CAD/Unit) 4.63% Cap Rate St Catharines, ON L2M 3S5
EXECUTIVE SUMMARY
70+ suite rental apartment project in prime north St. Catharines. Mid rise rental property with 70% of the suites renovated to a high quality. Common areas and lobby have been updated as well. Large suites mostly two bedrooms with balconies. Hydro sub metered with about 30% of the tenants still not paying their share of hydro. Strong and well qualified tenant profile. Still strong rental upside.
PROPERTY FACTS Under Contract
| Price | $19,000,000 CAD | Building Class | C |
| Price Per Unit | $240,506 CAD | Lot Size | 1.64 AC |
| Sale Type | Investment | Building Size | 86,910 SF |
| Cap Rate | 4.63% | Average Occupancy | 96% |
| No. Units | 79 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 0.69/1,000 SF |
| Apartment Style | Mid-Rise |
| Price | $19,000,000 CAD |
| Price Per Unit | $240,506 CAD |
| Sale Type | Investment |
| Cap Rate | 4.63% |
| No. Units | 79 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.64 AC |
| Building Size | 86,910 SF |
| Average Occupancy | 96% |
| No. Stories | 6 |
| Year Built | 1968 |
| Parking Ratio | 0.69/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | $1,550 CAD | 700 |
| 2+1 | 49 | $1,950 CAD | 800 |
1 1
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Capri Apartments | 20 Bradmon Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.