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635 Mulvey Av 22 Unit Apartment Building For Sale Winnipeg, MB R3M 1G1
Investment Highlights
- Three storey walk up apartment in a mature and vibrant area of Winnipeg.
- Take advantage of CMHC’s MLI Select insurance programs through takeout financing by focusing on energy efficiency and/or affordability aspects.
- Rehabilitation project for contractors and developers
Executive Summary
The Colliers Investment Team in Winnipeg is pleased to present in conjunction with Lazer Grant LLP (the Receiver) the offering of 635 Mulvey Avenue, a 22 unit apartment complex in the heart of Corydon Village. This property is in need of renovations and is an opportunity for a value-add investor or developer to acquire an apartment building at a fair price and to earn constructive fees and improve the units as desired for long-term ownership.
Property Facts Under Contract
| Sale Type | Investment | Building Class | C |
| No. Units | 22 | Building Size | 11,000 SF |
| Property Type | Multifamily | Average Occupancy | 41% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1912 |
| Zoning | RS1 - Residential Single-Family – Small Lot | ||
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 11,000 SF |
| Average Occupancy | 41% |
| No. Stories | 3 |
| Year Built | 1912 |
| Zoning | RS1 - Residential Single-Family – Small Lot |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | - |
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Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (90)
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Photos
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635 Mulvey Av
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