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INVESTMENT HIGHLIGHTS
- The property consists of twelve 3-bedroom units and four 2-bedroom units.
- Utilities: Energy-efficient appliances, separate meters for each unit
- Strong rental demand in the Flint area
- Amenities: In-unit laundry, modern kitchens, central air conditioning and heating, private entry, private balcony
- New construction—minimal maintenance required.
- Close proximity to hospitals, universities, and downtown
EXECUTIVE SUMMARY
Presenting a newly constructed multifamily property located near downtown in an area targeted for additional development. The location is within easy access to both Hurley and McLaren Hospitals. The development is within an Opportunity Zone.
Recently finished and never occupied, this modern 16-unit building offers an outstanding opportunity for investors seeking strong rental income and long-term appreciation in a growing market. Each unit features contemporary finishes, energy-efficient systems, and spacious layouts designed for comfortable living.
Every unit is individually metered for electric, gas and water, minimizing ownership expenses and streamlining utility management. Constructed to a high standard by the owner/developer, features include durable exterior materials, energy-efficient mechanical systems, high end interior finishes, and attractive open layouts. All units have full basements with 9 foot ceilings, and egress windows, allowing for additional storage or living space.
Recently finished and never occupied, this modern 16-unit building offers an outstanding opportunity for investors seeking strong rental income and long-term appreciation in a growing market. Each unit features contemporary finishes, energy-efficient systems, and spacious layouts designed for comfortable living.
Every unit is individually metered for electric, gas and water, minimizing ownership expenses and streamlining utility management. Constructed to a high standard by the owner/developer, features include durable exterior materials, energy-efficient mechanical systems, high end interior finishes, and attractive open layouts. All units have full basements with 9 foot ceilings, and egress windows, allowing for additional storage or living space.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $6,700,416 CAD | Apartment Style | Townhome |
| Price Per Unit | $418,776 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 23,080 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | Residential/Multifamily | ||
| Price | $6,700,416 CAD |
| Price Per Unit | $418,776 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Building Size | 23,080 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | Residential/Multifamily |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 12 | $2,233 CAD | 1,544 |
| 2+1.5 | 4 | $1,954 CAD | 1,138 |
1 1
Walk Score®
Very Walkable (70)
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