Investment for Sale

70-Unit Winnipeg Multifamily Portfolio

Winnipeg, MB

Highlights

value-add opportunity

  • Potential to increase rents through an above-guideline increase process
  • Opportunity to add a limited number of additional suites to the properties based on the usage of certain common area

Excellent Yield

  • Assets are well occupied providing investors with immediate income stability
  • Existing assumable financing with Access Credit Union at below current market interest rates
  • In-place rental rates are between 11.5% and 28.9% below market

quality assets

  • All assets are well-located in close proximity to major transit arteries, retail amenities and in established residential nodes
  • Significant renovations completed between 2012-2016
  • All units are individually metered for hydro

Immediate Scale

  • 70-Unit Multifamily Portfolio With 2 Commercial Tenants
  • The portfolio includes 4 buildings in reasonable proximity to each other and within 15 minutes of Portage & Main
  • Allows for significant growth of an existing management platform