- Price: $5,350,000
- Building Area: 30,000 sq. ft.
49-unit multifamily apartment complex located in Winnipeg’s West Broadway neighbourhood. The offering presents an excellent opportunity to acquire scale in one of Winnipeg’s most vibrant neighbourhoods. The property is in walking distance to various amenities and offers an ideal suite mix comprised of spacious studio, 1 bedroom, 2 bedroom and convertible 3-bedroom units. The building is an upgraded, character-rich asset with rental rate upside opportunities via further reinvestment and building improvements.
- Located in Winnipeg’s West Broadway neighbourhood, within walking distance of Downtown, the University of Winnipeg, several restaurants, grocery store and many other local amenities
- Several major employers within an immediate four-block radius, including Canada Life’s head office and Misericordia Health Centre
- West Broadway Apartments offers investors scale with 49 units comprised of an ideal suite mix that includes 14 bachelor, 26 one-bedroom and 9 two-bedroom units.
- Stabilized, upgraded multifamily asset with tangible rental rate upside opportunity via further reinvestment and suite upgrades