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

Unfortunately there is a bit of an issue with the environmental. Oil
tank leaking into neighbour's property is a bit of a problem??

I was speaking to fred and he said this is not a problem, I think that
Transformer oil is bad from what I understand.

apt building for sale wrote:
> 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted,
> investment property.
> Photos and contact info at
> Price: $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. Property management
> company next to the building for absentee landlord.
> Website and Contact Info:

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

There is no oil tank in the property. You must made a mistake here.
Anyway, for more details, please contact Brad Closs, Keller Williams
Ottawa Phone: 613-8808228.

gtaspace wrote:
> Unfortunately there is a bit of an issue with the environmental. Oil
> tank leaking into neighbour's property is a bit of a problem??
>
> I was speaking to fred and he said this is not a problem, I think that
> Transformer oil is bad from what I understand.
>
> apt building for sale wrote:
> > 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted,
> > investment property.
> > Photos and contact info at
> > Price: $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. Property management
> > company next to the building for absentee landlord.
> > Website and Contact Info: