- Asking $4,725,000
- Asking $69,485 per suite
- Thermal Vinyl Windows new in 2005
- All pickets and hand rails replaced in all the stairwells
- Balconies redone in 2005
- Needs Elevator Repair
- Building experiencing High Vacancies
- Capital Improvements Required
|
- 35 x Two Bedrooms
33 x Three Bedrooms
- 7.5% CAP Rate
- 20.9% R.O.I.
- Ex. 1st Mortgage of $2,823,480 at 4.54% paying $15,984.14 due March 2012
- Ex. 2nd Mortgage of $560,000 at 3.5% paying $1,633.33 due February 2012
- Ex. VTB of $440,000 at 5.0% paying $1,833.33 due February 2010
|
