17 Unit Apartment building investment Opportunity

thejules

Inspired Forum Member
REIN Member
Oct 23, 2007
242
7
18
Barrie/Orillia/Woodstock
#1
You know that best investment opportunities are located in low to moderate income areas that are revitalizing? And You know that the best Real Estate investments are small low rise Apartment buildings? There is an investment opportunity is located in Central Orillia within walking distance of everything that makes downtown Orillia Awesome! Its also located close to the new Municipal Urban Recreation Facility that is under construction. This small apartment building is 17 units in a mix of 50% 1 bedrooms and 50% 2 bedrooms. All but two apartments have been completely renovated. The apartments are all separately metered so tenants can pay their own hydro bills. There's existing Financing on the building that may be assumed, but we're seeking One Investor with $675500 for down payment and closing costs. For our share we'll manage all the details, collecting the rents, deal with delinquencies, managing the maintenance and administrative aspects of this building. We have 18 years of experience operating income properties. We're ready to initially hold on to this building for 7 years and then we either sell or refinance it and return your initial capital and split the remaining equity 50/50.



Call me Today if you're that One Investor!



Jules Mckenzie 705-330-1879 Screenshot_20190307-121804_Maps.jpg

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