Specializing in investment property since 1975. Apartment Building Sales.

Listing

LOWER MOUNT ROYAL 939 19 Ave SW Coach House Manor 28 Units

Sold
Commercial

939 19 Ave SW - Coach House Manor is a concrete structure with 28 suites in LOWER MOUNT ROYAL close to 17 Ave SW shops/entertainment and walking distance to the downtown core.
This is an exceptional location with heated, secured underground parking. Suite mix 1- Bach 11 - 1BR 16 - 2BR. Please note there are 1.5 baths in the 2 BR units.
New roof in 2016
The building is well kept and well maintained. A good value add would be cosmetic upgrades to suites on turnover. 2 suites have been upgraded
The building is ideally set up for condo conversion.
The long time owner has kept rents low. Please see the PROFORMA for proposed financing with projected rents.

OFFERS TO BE MADE SUBJECT TO VIEWING - Upon receipt of a conditional offer the Buyer will be given access/viewing of all suites, mechanical and public areas. Please check with Mike to see about possibility of viewing common areas

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

Proforma (Please click link below): 

28