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12369 County Rd 16
8 Unit Apartment Building $1,359,766 USD ($169,971 USD/Unit) 3.78% Cap Rate Coldwater, ON L0K 2C0
Investment Highlights
- Eight legalized units available
- 3 septic beds
- Requires capital improvements
Executive Summary
Prime multi-residential investment opportunity featuring a two-story, 10-unit apartment building (8 units legalized) with net income of $73,785.94 annually. The building has separate hydro meters (not currently connected), 3 septic beds, and 1 drilled well. Being sold "as is" and "where is."
Property Facts
| Price | $1,359,766 USD | Apartment Style | Low Rise |
| Price Per Unit | $169,971 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.35 AC |
| Cap Rate | 3.78% | Building Size | 6,556 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment |
| Price | $1,359,766 USD |
| Price Per Unit | $169,971 USD |
| Sale Type | Investment |
| Cap Rate | 3.78% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 6,556 SF |
| No. Stories | 2 |
| Year Built | 1974 |
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zoning
| Zoning Code | RM2 |
| RM2 |
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12369 County Rd 16
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