HIGHLAND MANOR. 11 Suites 10 - 1BR and 1 - 2BR units. The building shows extremely well with very good curb appeal. This is a building that a buyer can take over and start to manage. There is no deferred maintenance. Highland Manor will be a short walk to the future Calgary Transit "Green Line " LRT station. 2016 - all windows and patio doors replaced. Fencing and the deck were recently replaced. The buyer can assume the existing mortgage (3.04% until 2028) or acquire new financing. A buyer will save over $20,000 per year on interest by assuming the mortgage when compared to today's CMHC insured rates. Please see the income, stabilized expenses in the attached proformas. We have provided proforma for assumption of the existing mortgage as well as one for new financing.
Please check with Mike regarding possibility of viewing common areas, mechanical and any suites that may be vacant
CONTACT
Mike Fleming cell:403.863.7217 email: mike@flemingrealty.ca
MICHAEL FLEMING REALTY CORPORATION
Phil Haugen cell:403.465.0047 email: phil@flemingrealty.ca
MICHAEL FLEMING REALTY CORPORATION
