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Main Street Apartments 401 Main St E 48 Unit Apartment Building For Sale 5.25% Cap Rate Hamilton, ON L8N 1J7



EXECUTIVE SUMMARY
FOR SALE: 52 Unit Apartment Building in Hamilton. Well located building with a strong going in yield.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.25% | Building Size | 51,261 SF |
| No. Units | 48 | No. Stories | 7 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | Parking Ratio | 0.46/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | R1A - Multi-Family | ||
| Sale Type | Investment |
| Cap Rate | 5.25% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | 51,261 SF |
| No. Stories | 7 |
| Year Built | 1993 |
| Parking Ratio | 0.46/1,000 SF |
| Zoning | R1A - Multi-Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 25 | - | 645 |
| 2+1 | 23 | - | 955 |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (80)
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Main Street Apartments | 401 Main St E
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