19 Unit Apartment Building

Property Description

I am proud to share the recent completion of the sale of this beautiful 19 unit apartment building in Fergus. This two and a half story walk up was in exceptional condition and well managed by the Seller. The building had been improved with updated balconies and new boiler system. The property traded at a 4.2% cap rate, with the purchaser assuming a 10 year CMHC insured 1st mortgage. It was a pleasure to work with both the Buyer and the Seller on a smooth transaction!

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