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12,279 ft²
Multifamily
$1,449,500
Sale


Cushman & Wakefield Atlantic
Cushman & Wakefield Atlantic
Cushman & Wakefield Atlantic

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PROPERTY HIGHLIGHTS • A unique opportunity for local, regional and national investors to own a two-storey 25 unit apartment building in Sackville, New Brunswick that sits on a +/- 0.93 acre lot. • This is a three-storey walk-up 25 unit apartment building that features six 2 bedroom and nineteen bachelor units. All units come fully furnished. • This opportunity has exceptional near and long-term value with a sustainable income stream and an attractive cap rate. • Zoned R3 - Urban Residential LOCATION INFORMATION • Located within 1.5 km from one of the largest universities in the province, Mount Allison. • The proximity to Mount Allison University makes this building highly attractive for students. • Each unit has a heat recovery ventilation unit, full 4-piece bathroom and kitchen which comes with 3 appliances including a small fridge, cook-top and microwave. • The lower level has five bachelor units and two 2 bedroom units, a common coin operated laundry room and an electrical room. • The main and second level each have seven bachelor units and two 2 bedroom units. • The building has a video surveillance system, common coin operated laundry room, heat recovery ventilation for common areas, security entrance and a paved parking lot. To view the full listing online: https://cwatlantic.com/properties/75-king-street/


The Space
Asking Price$1,449,500
Available Space12,279 ft²
Property UseInvestment property
ZoningR3 Urban Residential
Year Built2014
Parking Spaces0

Parking

The Building
Property TypeMultifamily
Floors3
Building Size12,279 ft²
Lot Size0.93 AC
ZoningR3 Urban Residential
Year Built2014
Parking Spaces0

Parking
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Cushman & Wakefield Atlantic
Cushman & Wakefield Atlantic
Cushman & Wakefield Atlantic
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