Fully Occupied, Modernized Apartment Building

Business Description

Well established location has 11 units plus a large serviced city lot in a rural area. Many new upgrades have been added to the building, including new heat pumps in all units, new roof, general repairs and new deck and railings . Revenue is excellent and steadfast because the building is fully occupied with long term tenants. Owner is retiring and wants to sell. This property is a good deal at this price. Rents are low and due for an upgrade to reflect today's pricing, however the owner is elderly and does not want to be bothered making the changes. Financing is available to qualified buyers. Please contact your broker at 1-866-766-1566.


Business ID: ATLA0091
Business Category: Rental and Leasing Services
Location: New Brunswick, Greater Fredericton, On request
Financing: Available
Status: New

Financial Information

Asking Price: $ 429,000
Gross Revenue: On request
SDE: On request
FF&E (included): On request
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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