Multifamily in Lanark Highlands available for sale
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Apartment Building for Sale in Lanark Highlands

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Lanark Highlands Apartment Building for Sale

More details for 98 N, Lanark, ON - Multifamily for Sale

98 N

Lanark, ON K0G 1K0

  • Multifamily for Sale
  • $500,000 CAD
  • 3,000 SF
  • Controlled Access

Lanark Multifamily for Sale - Northeast Ontario

LANARK 4-PLEX GROSSING $41,780. INDIVIDUAL RENTS ARE (1) $721.11 (2) 1,023.04 (3) $637.53 (4) $1,100- VACANT. EXPENSES; TAXES= $2,510 INSURANCE= $3,520 HYDRO= $600 PROPANE= $1,400 TOTAL EXPENSES= $8,030/YEARLY. NET OPERATING INCOME= $33,750 STEEL ROOF, ALL TENANTS PAY THEIR OWN HYDRO/HEAT, PROPANE HOT WATER TANK, FULL BASEMENT FOR STORAGE, COPPER WIRING W/BREAKER PANELS, NEWER WATER PRESSURE TANK, HARDWOOD FLOORS, LANARK HAS THE HIGHEST RETURN ON INCOME PROPERTIES IN LANARK COUNTY, LOCATED JUST 45 MINUTES FROM DOWNTOWN OTTAWA, 10 MILES NORTH OF PERTH, 20 MINS WEST OF CARLETON PLACE, LANARK HAS A PIZZERIA & CHIPSTAND(S) & GROCERY STORE & GAS STATION & LIBRARY & TOWNHALL, MORE & MORE OTTAWA BUYERS ARE BUYING IN LANARK DRIVING PRICES UP, BUY BEFORE VALUES SKYROCKET.

Contact:

Re/Max Hallmark Realty Group

Property Subtype:

Apartment

Date on Market:

2025-02-12
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Apartment Buildings for Sale in Lanark Highlands

View All Available Listings
How many apartment buildings are available for sale in Lanark Highlands?
There are currently 1 apartment buildings available for sale in Lanark Highlands, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Lanark Highlands?
The average size of apartment buildings available for sale in Lanark Highlands is about 3,000 SF. The largest apartment buildings available to buy is 3,000 SF and the smallest is 3,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Lanark Highlands?
The average market cap rate for apartment buildings for sale is about 6.00% based on data provided in Lanark Highlands. Learn more about how cap rates are calculated.
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