24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

More photos at Price: $539,900
USD or $625,000 CDN. 17%+ Cap rate. Located in downtown Smiths Falls,
Ontario, Canada. 45 mins drive to Ottawa. Smiths Falls is the chocolate
capital of East Canada and a popular tourist destination. Walk to all
amenities and businesses. Over 21,000 square foot interior space.
Currently 13 apartments (own kitchen, bathrm), one large commercial
tenant (bar & grill), one additional commercial space, 1 office and 8
single residential units (share bathrooms and common areas), and
numerous storage rooms. Always well rented. Excellent return. Masonary
structure. New roof ($30K) in Dec 2003. Building was completely fire
retrofitted in 2005 (over $80K) and had numerous improvements. High
ceiling between the floors, large room windows, wide stairs, mosaic
windows, beautiful antique modelings. Full size full height basement.
Advanced alarm system thoughout the building. Superinterdent on site,
and property management company available for absentee landlord.
Recognized for its architect beauty. Lots of potential. Can easily
reverted to a resort hotel or retirement place. Similar buildings have
been sold for over $2 millions CDN. For photos and contact info go to

Email: fwintrust @ yahoo.com

Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

> Price: $539,900
> USD or $625,000 CDN. 17%+ Cap rate. Located in downtown Smiths Falls,
> Ontario, Canada. 45 mins drive to Ottawa. Smiths Falls is the chocolate

I remember you spamming this before... you having trouble selling this
property? RE market slowing down or what?

Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

"Jem Berkes" <> wrote in message
news:
>> Price: $539,900
>> USD or $625,000 CDN. 17%+ Cap rate. Located in downtown Smiths Falls,
>> Ontario, Canada. 45 mins drive to Ottawa. Smiths Falls is the chocolate
>
> I remember you spamming this before... you having trouble selling this
> property? RE market slowing down or what?

For the high Cap Rate being quoted, spamming may help since an
unsophositicated investor is needed, otherwise who will buy it!!!

www.AmericanWest.biz

Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

"commercial" <> wrote in message

Price: $539,900
> USD or $625,000 CDN.

Looks like he is targeting US buyers. Otherwise, he would have made it
$540,000 USD or $624,900 CDN.

Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

well I saw the place , it is having trouble passing the environmental,
leaky oil tanks, $$ to clean up.

Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

On Fri, 30 Dec 2005, commercial wrote:

> More photos at Price: $539,900
> USD or $625,000 CDN.

Complaints about this spam can be sent to <>,
<>. Remember to send the entire post,
including the headers.

Follow-ups set to news.admin.net-abuse.usenet.

--
Yves Bellefeuille <>
Google users: To reply to posts, click "show options" next to the
poster's name, and then click "Reply" in the line that says:
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Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted

Hello, to get better exposure, i recommed listing this on westlist.com -
they just redid the real estate community and its a good time to list free.

www.westlist.com
"commercial" <> wrote in message
news:
> More photos at Price: $539,900
> USD or $625,000 CDN. 17%+ Cap rate. Located in downtown Smiths Falls,
> Ontario, Canada. 45 mins drive to Ottawa. Smiths Falls is the chocolate
> capital of East Canada and a popular tourist destination. Walk to all
> amenities and businesses. Over 21,000 square foot interior space.
> Currently 13 apartments (own kitchen, bathrm), one large commercial
> tenant (bar & grill), one additional commercial space, 1 office and 8
> single residential units (share bathrooms and common areas), and
> numerous storage rooms. Always well rented. Excellent return. Masonary
> structure. New roof ($30K) in Dec 2003. Building was completely fire
> retrofitted in 2005 (over $80K) and had numerous improvements. High
> ceiling between the floors, large room windows, wide stairs, mosaic
> windows, beautiful antique modelings. Full size full height basement.
> Advanced alarm system thoughout the building. Superinterdent on site,
> and property management company available for absentee landlord.
> Recognized for its architect beauty. Lots of potential. Can easily
> reverted to a resort hotel or retirement place. Similar buildings have
> been sold for over $2 millions CDN. For photos and contact info go to
>
> Email: fwintrust @ yahoo.com
>
>