Education1Real Estate

🔥 Offmarket 15-Unit Apartment 25% VTB, Windsor, ON

By 29 August, 2021 No Comments

Value-Add Opportunity
Total Purchase Price Including Fee:
$1,850.000 obo

1673 Moy Ave – Windsor, ON

Located in prime South Walkerville
Perfect value-add opportunity.

 Summary:

Situated at the end of Moy Ave. this deal is perfect for the savvy investor looking for an opportunity to create some serious upside in equity. Renovate units and increase the overall value and cashflow position.

Closing: December 15th, 2021
*please see details below 
Deal Highlights:

All units Residential: (10) 2-beds, (2) 3-beds, (2) 1-beds, (1) bach

25% @ 6%, 5 yrs VTB in second position

Seller currently renovating 3 units.

Seller grants access to Buyer to do any renovations of vacant units prior to closing

Seller agrees to extend closing up to 6 more months to facilitate financing or renovations

Conditional period up to: October 15, 2021 

Includes 15 fridge, 15 stoves, coin washer/dryer

Includes parking lot across the street

Link to Current Rents & Expenses:
>>> PRESS 
HERE

$13,816 GROSS RENTS
$6,666 EXPENSES
$7,149 NET INCOME

**Showings to be scheduled.
Please email if you are interested in attending and we will give you further instructions.
*Realtors welcome, just add your commission on top of the offer price.
Disclaimer: The information in this email is through our own analysis only. We ask that you do your own due-diligence on this property as the buyer. We have zero intentions in providing incorrect statements to any investor. Property comes in as-is condition.