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1-8 King St 2 Unit Apartment Building $3,347,842 CAD ($1,673,921 CAD/Unit) 6.84% Cap Rate Peterborough PE1 1LT
INVESTMENT HIGHLIGHTS
- Fantastic Investment
- Finished To A High Standard
- £123,200 Per Annum Income
- City Centre Location
- Commercial Shop & 7 Brand New One Bedroom Apartments
EXECUTIVE SUMMARY
Kingsgate is set over three floors: Ground level is currently leased to William H Brown, the first floor has 4 × 1 bedroom apartments and the top floor has 3 × 1 bedroom apartments. Combined Income of £123,200 per annum.
All seven apartments are spacious with modern fixtures and fittings throughout along with air conditioning units, and video monitoring access systems.
All seven apartments are spacious with modern fixtures and fittings throughout along with air conditioning units, and video monitoring access systems.
PROPERTY FACTS
| Price | $3,347,842 CAD | Property Subtype | Apartment |
| Price Per Unit | $1,673,921 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.84% | Lot Size | 0.10 AC |
| Tenure | Freehold | Building Size | 5,129 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Price | $3,347,842 CAD |
| Price Per Unit | $1,673,921 CAD |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| Tenure | Freehold |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.10 AC |
| Building Size | 5,129 SF |
| No. Stories | 3 |
| Year Built | 1900 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
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1-8 | King St
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