123 East Street

Original Remarks

22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance.