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14 Cross St 14 Unit Apartment Building $4,350,712 USD ($310,765 USD/Unit) 5.97% Cap Rate Hamilton, ON L9H 2R4
Investment Highlights
- Fully stabilized turnkey building with attractive going-in yield
- Located in Dundas, steps to King Street, home to shops and restaurants
- 90% 2-bedroom units
- 10 large residential loft style units and 4 commercial units
- Fully stabilized and renovated apartment building
- Steps to retail and shops along King Street
Executive Summary
Fully stabilized turnkey building with attractive going-in yield (6% cap rate on asking price)
Property Facts
| Price | $4,350,712 USD | Apartment Style | Low-Rise |
| Price Per Unit | $310,765 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 5.97% | Building Size | 14,434 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1882 |
| Property Subtype | Apartment | ||
| Zoning | RM2 - Multi-Family | ||
| Price | $4,350,712 USD |
| Price Per Unit | $310,765 USD |
| Sale Type | Investment |
| Cap Rate | 5.97% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 14,434 SF |
| No. Stories | 3 |
| Year Built | 1882 |
| Zoning | RM2 - Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 12 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Contacts
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Jonathan Hittner -
Neil Musselwhite -
Eamonn McConnell -
Daniel Cassese -
Avison Young
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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14 Cross St
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