| Message Number | 406206 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | 31 unit luxury apt building all units 2 bed 2 bath elevator concrete on new subdivision ready to build 2nd building on land proforma 4.27% cap $15,000,000. | ||||||
| Business area |
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| Have/Want | Have | ||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||
| Date of Listing | April 20 2022 | ||||||
| Type Description | apartments | ||||||
| Price | $15,000,000.00 | ||||||
| Size | 31 units | ||||||
| Comments | Proforma net $640,000. fast growing desirable area in south west On. proforma uses existing rents and expenses recorded on new build comparable buildings in this area
build the second 31 units approved on the site and the cap rate expected is 5% plus completion expected late 2022 to early 2023 Being constructed by the developer PRINCIPALS ONLY |
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| Internet Links | |||||||
| Member Identifier | 1557 | ||||||
| Client Details | Builder/Developer | ||||||
| Explain Client's Motivation | completing subdivision | ||||||
| Control | Listing | ||||||
| Name | Bruce Brown | ||||||
| Title | Sales Representative | ||||||
| Company Name | Ed Lowe Limited, Brokerage | ||||||
| Address Line One | 190 Dunlop Street East | ||||||
| City | Barrie | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | L4M 1B3 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (705)726-3871 | ||||||
| Cell Number | 705 791 4748 | ||||||
| Home Number | 705 791 4748 | ||||||
| FAX Number | 705 726 8260 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
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