Low Rise
Hot Water
Acreage
Lawn, Fully Landscaped
$3,320,000
16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE OVER $300,000 IN INCOME FOR 2025. **A CMHC mortgage is in place that is fully transferable to a buyer, meaning all of the due diligence has been completed, mortgage approved and the buyer simply needs to qualify to assume the mortgage** Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding, and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 7 years of New Home Warranty plans. This attractive investment offers an over 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing. (28897987) (id:63476)
Property Details
|
MLS® Number |
SK018720 |
|
Property Type |
Multi-family |
|
Neigbourhood |
South East SC |
|
Community Features |
Pets Allowed With Restrictions |
|
Features |
Treed, Balcony |
|
Parking Space Total |
35 |
|
Structure |
Patio(s) |
Building
|
Appliances |
Washer, Refrigerator, Dishwasher, Dryer, Window Coverings, Stove |
|
Architectural Style |
Low Rise |
|
Constructed Date |
2018 |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Hot Water |
|
Stories Total |
2 |
|
Type |
Multi-family |
Land
|
Acreage |
Yes |
|
Landscape Features |
Lawn, Fully Landscaped |
|
Size Irregular |
1.34 |
|
Size Total |
1.34 Ac |
|
Size Total Text |
1.34 Ac |