277 Langside St, Winnipeg
- Added: 186 days ago
- Updated: 28 days ago
- Last Checked: 19 hours ago
**CONDITIONALLY SOLD**\n\nP3 Realty is pleased to announce the offering of this locally managed 47 suite apartment building situated in West Broadway in Winnipeg. This fully occupied apartment, built in 1974, has been meticulously maintained by its long-standing owner and will offer the next owner a steady foundation of success off which to build. \n\nFEATURES\n\n•100% leased, providing a stable income, and with 47 units, this asset is of a manageable scale.\n•Winnipeg's apartment market is currently experiencing remarkably low vacancy rates, making apartments a top-performing asset due to strong demand for housing.\n•Clear of financing, resulting in flexible acquisition financing and repositioning potential through CMHC.\n•The building features an efficient design and has been impeccably maintained by the current owner, with multiple long-term tenancies in place.\n•Significant value add potential through suite renovation and capital investments.\n\nOffered For Sale at $4,200,000 ($89,362 per unit) with all offers to be considered by the Vendor on or after June 20th, 2024 at 3 PM. (id:1945)
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Nearby Listings Stat
Active listings
289
Min Price
$0
Max Price
$9,500,000
Avg Price
$550,116
Days on Market
94 days
Sold listings
105
Min Sold Price
$69,900
Max Sold Price
$4,499,509
Avg Sold Price
$466,457
Days until Sold
75 days
