Attention Real Estate Investors!
(please note: this property is now sold. We helped the owner’s get a full price offer, with no conditions, in less than a week. We have other buildings available, bigger and smaller. Email or call us for more information, or visit here)
I am pleased to offer for sale a 31-unit multi family residential apartment building in one of the best locations in Kitchener, Ontario.
The property consists of 24 2-bedroom units and 7 1-bedroom units. It generates $235,716 in annual revenue, and has a net income of approximately $160,716 after paying utilities, insurance, and property tax.
The property is offered at a 7% cap rate and would make an excellent flagship property for your real estate investment portfolio.
For information on how this property would ‘cash flow’ based on your initial investment, email me or call me.
Appointments to view the apartment building are being arranged for qualified investors starting Monday March 10. We have already had preliminary discussions with investors from across the world; if you are in the market for a quality property in a location that can’t be beat, speak up now, or wait another year for another opportunity as good as this.
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If you have any questions about the multi-family investment market in Waterloo, or for a free list of apartment buildings for sale in the region, email me at Benjamin@BenjaminBach.com
KW Commercial is your one stop shop for commercial, investment, retail and multi family advice and brokerage in Waterloo Region.
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Hi Ben,
What kind of terms are available for international investors? How does Canadian real estate investing differ from the US market? Why would one of our investors want to invest in a Canadian apartment complex instead of buying a block of foreclosed houses at a discount in California?
Can’t wait to come see your deals.
Joy~
Jeanette Fisher
http://www.doghousetodollhousefordollars.com