152 7th Street S

 

152 7th Street S

$1,975,000.00
Well Maintained Buildings - Fully Rented!

2 Very well maintained buildings, fully rented. 24 units, 6 two bedroom, 18 one bedrooms, additional information available upon request. Morden, MB has a very low in town vacancy rate.2 new hi-energy efficient boilers,low heat cost, all rents are below market, each building has half the roof replaced with metal, other half shingles. Population of just over 8500 people. With Winkler as it's co-neighbour, only 12.9 kms away. According to the Manitoba census, in 2016 Winkler was the fastest growing city in Manitoba. In 2018 Winkler shattered growth records,and led the region with 68 million in commercial growth alone. This is an incredible opportunity for all investours, To purchase a 24 unit building with a cap rate of 6%. In a vibrant growing community, with a lot of job potential. At just under 83 thousand a door, this is an incredible deal. For more information. Call for your own private, and personal tour.

Community: 
Morden
Listing Type: 
Residential
Rural Residential
Century 21 ID: 
RC-219133
MLS ID: 
1926517
Square Footage: 
17,733ft²
Basement: 
N/A
Garage: 
None
Price: $1,975,000.00

Abe Wiebe

204-381-8436

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