Tay Apartment Buildings for Sale

Tay Apartment Building for Sale

12369 County Rd 16

Coldwater, ON L0K 2C0

Multifamily for Sale
$1,295,000 CAD
6,556 SF

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Coldwater Multifamily for Sale - Northern GGH

Multi-residential investment opportunity with 10-unit 2-story apartment (8 are legalized), 9 are leased. This asset is currently producing a net income of $68,980.49 (8 units). Including all 9 leased units, the net income increases to $84,580.49. If the property were fully leased, the potential NOI is over $100,000. The Landlord pays for all utilities; separate hydro meters are available that have never been hooked up. The property contains 3 septic beds and 1 drilled well. The building is being sold in an as-is where-is capacity. There is outstanding capital required; Seller estimates $70,000. The 2025 expenses are currently estimated.

Contact:

Sutton Group - Incentive Realty

Property Subtype:

Apartment

Date on Market:

2024-10-21

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Apartment Buildings for Sale in Tay

View All Available Listings

How many apartment buildings are available for sale in Tay?

There are currently 1 apartment buildings available for sale in Tay, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in Tay?

The average size of apartment buildings available for sale in Tay is about 6,556 SF. The largest apartment buildings available to buy is 6,556 SF and the smallest is 6,556 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 Tay?

The average market cap rate for apartment buildings for sale is about 5.33% based on data provided in Tay. Learn more about how cap rates are calculated.

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Apartment Building for Sale in Tay