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Businesses For Sale Ottawa Overbrook

Summary of Businesses For Sale Found: 1 Listings 1 Sources
(0) 1-bedroom (0) 2-bedrooms (0) 3-bedrooms (0) 4+ bedrooms (1) not identied
(na) avg. price (na) avg. price (na) avg. price (na) avg. price $1,999,000 avg. price
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Businesses_For_Sale Ottawa
246-248 Presland Road Ottawa, Ontario $ 1,999,000 icon-notesLast Updated: Aug 3 2017 12:59PM
Businesses_For_Sale
246-248 PRESLAND ROAD, Ottawa, ON, K1K 2B8 Opportune investment in Overbrook. Extremely well-maintained 16 unit apartment building in Overbrook/Castle Heights. Current owner has been the proud owner for 30+ years - self managed & maintained. There are twelve (2) two (2) bedroom units & four (4) one (1) bedroom units - 2 bedroom units ~900 square feet & the 1 bedroom units ~750 square feet. 12/16 units have been recently remodelled. Total 17 surfaced parking spaces. Separate laundry room w/ 4 washers & 4 dryers - all coin operated. Positive cash flow with upside - below market rent. Very low vacancy rate while being self managed. Close to all amenities, 417 highway, 7 minute drive to the University of Ottawa, 10 minutes to the Byward Market. See attachments for survey & income/expense/improvements overview.

 
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