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INVESTMENT HIGHLIGHTS
- 11 Residential Structures, 1 Commercial Building, 6 Vacant Lots.
- Rental Income, Development Opportunity, City Water, City Sewer.
- Light Industrial Zoning in a Prime Location near I-10.
EXECUTIVE SUMMARY
Portfolio Sale 18 Properties
Portfolio Investment Opportunity – 18 Parcels | Light Industrial Zoning (See Attached Document for All Addresses/Parcel ID's)
Offered for sale is a rare 18-parcel portfolio consisting of 11 residential homes, 1 commercial building, and 6 vacant lots, all located within a Light Industrial (LI) zoning district. The portfolio is fully leased, providing immediate income with clear upside potential through rental growth, redevelopment, or new construction.
The residential properties have been generally well maintained and are in good overall condition. The commercial building is currently leased to a granite company, offering stable tenancy. The six vacant parcels present a compelling value-add opportunity, ideal for the development of light industrial warehouses or flex space, subject to zoning and approvals.
Strategically positioned near Interstate I-10 at Stockton Street and Phyllis Street, the portfolio offers excellent accessibility and is minutes from I-295, enhancing tenant appeal and long-term investment value. All properties are served by city water and city sewer.
Key Highlights:
18-parcel portfolio sale
11 residential income-producing homes
1 leased commercial building
6 vacant lots with development potential
Light Industrial zoning
Prime interstate-adjacent location
City utilities
Value-add and redevelopment upside
Not an auction or short sale. This is an exceptional opportunity for investors seeking scale, income, and future development potential in a highly accessible industrial corridor. *Please do not speak to tenants. Thank you.
Portfolio Investment Opportunity – 18 Parcels | Light Industrial Zoning (See Attached Document for All Addresses/Parcel ID's)
Offered for sale is a rare 18-parcel portfolio consisting of 11 residential homes, 1 commercial building, and 6 vacant lots, all located within a Light Industrial (LI) zoning district. The portfolio is fully leased, providing immediate income with clear upside potential through rental growth, redevelopment, or new construction.
The residential properties have been generally well maintained and are in good overall condition. The commercial building is currently leased to a granite company, offering stable tenancy. The six vacant parcels present a compelling value-add opportunity, ideal for the development of light industrial warehouses or flex space, subject to zoning and approvals.
Strategically positioned near Interstate I-10 at Stockton Street and Phyllis Street, the portfolio offers excellent accessibility and is minutes from I-295, enhancing tenant appeal and long-term investment value. All properties are served by city water and city sewer.
Key Highlights:
18-parcel portfolio sale
11 residential income-producing homes
1 leased commercial building
6 vacant lots with development potential
Light Industrial zoning
Prime interstate-adjacent location
City utilities
Value-add and redevelopment upside
Not an auction or short sale. This is an exceptional opportunity for investors seeking scale, income, and future development potential in a highly accessible industrial corridor. *Please do not speak to tenants. Thank you.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,663 SF
Building Class
B
Year Built
1991
Price
$2,753,780 CAD
Price Per SF
$1,655.91 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,663 SF
Building FAR
0.29
Lot Size
0.13 AC
Zoning
IL
Parking
10 Spaces (6.01 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 064956-0000 | Improvements Assessment | $51,234 CAD |
| Land Assessment | $32,277 CAD | Total Assessment | $83,511 CAD |
PROPERTY TAXES
Parcel Number
064956-0000
Land Assessment
$32,277 CAD
Improvements Assessment
$51,234 CAD
Total Assessment
$83,511 CAD
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