| Message Number | 424772 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | HAVE: Ottawa, ON. Brand new 357 unit apartment building. 4.5% CAP, NOI of $8m annually, asking $180m. CMHC approved for $120m. (AM) | ||||||||
| Business area |
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| Location, City | Ottawa, ON | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | April 4 2024 | ||||||||
| Type Description | Multi-Family Residential | ||||||||
| Location | Ottawa, ON | ||||||||
| Price | $180,000,000.00 | ||||||||
| Net Income | 8000000 | ||||||||
| Cap Rate | 4.5 | ||||||||
| Comments | HAVE: Ottawa, ON. Brand new 357 unit apartment building. 4.5% CAP, NOI of $8m annually, asking $180m. CMHC financing approved for $120m. | ||||||||
| Internet Links | |||||||||
| Member Identifier | 5364 | ||||||||
| Client Details | Builder/Developer | ||||||||
| Explain Client's Motivation | Motivated | ||||||||
| Name | SUNNY Kashyap, MBA (Finance), ABR, AMP, LLQP | ||||||||
| Title | Broker/ Owner (Mentor/Coach) Chief Development Officer | ||||||||
| Company Name | eXp Realty, Brokerage | ||||||||
| Address Line One | 4711 Yonge Street, 10th Floor | ||||||||
| City | Toronto | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | M2N6K8 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (416)477-5959 | ||||||||
| Cell Number | TEXT: 416-477-5959 | ||||||||
| Home Number | TEXT: 416-477-5959 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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