HAVE: Ottawa, ON. Brand new 54 unit apartment building across 3 buildings (18 units each). 4.5% CAP, NOI $1.1m annual, asking $24M. CMHC approved for $15m.
<html><head><style> BODY { BACKGROUND-COLOR: white; COLOR: #333365; FONT-FAMILY: Verdana, Arial, Helvetica; FONT-SIZE: 9pt; } H2 { COLOR: #cc9900; FONT-SIZE: 12pt; FONT-WEIGHT: normal; } TH { COLOR: darkslategray; BACKGROUND-COLOR: #eeeeee; FONT-SIZE: 9pt; TEXT-ALIGN: center; } TH.dispLabel{ BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: right; } TD.dispData { BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: left; } TD.number { TEXT-ALIGN: right; PADDING-RIGHT: 10px; } </style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>420455</td> </tr> <tr><th class='dispLabel'>status</th><td class='dispData'>Active</td> </tr> <tr><th class='dispLabel'>Subject Line</th><td class='dispData'>HAVE: Ottawa, ON. Brand new 54 unit apartment building across 3 buildings (18 units each). 4.5% CAP, NOI $1.1m annual, asking $24M. CMHC approved for $15m. </td> </tr> <tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Eastern Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ottawa and Region</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td> </tr> <tr><th class='dispLabel'>Location, City</th><td class='dispData'>Ottawa, ON</td> </tr> <tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td> </tr> <tr><th class='dispLabel'>Business category</th><td class='dispData'>Apartment buildings/multi unit/condo townhouse projects/investments</td> </tr> <tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>October 26 2023</td> </tr> <tr><th class='dispLabel'>Type Description</th><td class='dispData'>Multi-Family Residential </td> </tr> <tr><th class='dispLabel'>Location</th><td class='dispData'>Ottawa, ON</td> </tr> <tr><th class='dispLabel'>Price</th><td class='dispData'>$24,000,000.00</td> </tr> <tr><th class='dispLabel'>Net Income</th><td class='dispData'>1100000</td> </tr> <tr><th class='dispLabel'>Cap Rate</th><td class='dispData'>4.5</td> </tr> <tr><th class='dispLabel'>Comments</th><td class='dispData'>HAVE: Ottawa, ON. Brand new 54 unit apartment building across 3 buildings (18 units each). 4.5% CAP, NOI $1.1m annual, asking $24M. CMHC approved for $15m. </td> </tr> <tr><th class='dispLabel'>Internet Links</th><td class='dispData'></td> </tr> <tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>5364</td> </tr> <tr><th class='dispLabel'>Client Details</th><td class='dispData'>Builder/Developer</td> </tr> <tr><th class='dispLabel'>Explain Client's Motivation</th><td class='dispData'>Motivated</td> </tr> <tr><th class='dispLabel'>Name</th><td class='dispData'>SUNNY Kashyap, MBA (Finance), ABR, AMP, LLQP</td> </tr> <tr><th class='dispLabel'>Title</th><td class='dispData'>Broker/ Owner (Mentor/Coach) Chief Development Officer</td> </tr> <tr><th class='dispLabel'>Company Name</th><td class='dispData'>eXp Realty, Brokerage </td> </tr> <tr><th class='dispLabel'>Address Line One</th><td class='dispData'>4711 Yonge Street, 10th Floor</td> </tr> <tr><th class='dispLabel'>City</th><td class='dispData'>Toronto</td> </tr> <tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td> </tr> <tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>M2N6K8</td> </tr> <tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td> </tr> <tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(416)477-5959</td> </tr> <tr><th class='dispLabel'>Cell Number</th><td class='dispData'>TEXT: 416-477-5959</td> </tr> <tr><th class='dispLabel'>Home Number</th><td class='dispData'>TEXT: 416-477-5959</td> </tr> <tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=5364&msgnum=420455'>Send Email</a></td> </tr> <tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='http://www.SoldWithSunny.com' target='_blank'>Home Page</a></td> </tr> </table><p><a href="https://iciworld.com/for-the-public/">For The Public.</a></p> <p><a href="https://iciworld.com/for-members/">For Real Estate Brokers and Salespeople.</a></p> <p>Global Real Estate Networking Provided By The ICIWorld Association of Real Estate Brokers and Salespeople. Founded 1994. </br> Mailing Address: 131 Bloor St. W., Suite 200, Toronto, Ontario M5S 1R8 </br> Canada 416-777-2633. USA 954-317-2327 </p> <p>Unsubscribe option at the bottom of this EMail</p>
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