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Multi-Unit Apartment Building

Business Description

Well established business has 11 units, ranging from 1 to 3 bedrooms, plus a large, serviced town building lot adjacent to the property. Many new upgrades to the building, including new heat pumps in all units, roof recently done, new porches and electrical panel installation in 2023. Excellent revenues, the building is fully occupied with long term tenants. Owner is of retirement age; he has owned the property for 30 years. Price is $333,000.00 net, no vendor take back and is not negotiable. Purchaser should have 30% down, as per bank requirements for this property. Financing is available for qualified buyers. Contact your broker for more information at 1-866-766-1566.

Details

Business ID: ATLA0157
Business Category: Accommodation
Location: New Brunswick, NB Other, Atlantic Canada
Financing: Available
Status: Available

Financial Information

Asking Price: $ 333,000
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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