18 Unit Multi-Family Building - Colliers Canada

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FOR SALE > INVESTMENT OPPORTUNITY | MULTI-FAMILY

18 Unit Multi-Family Building 10 SUMMERS PLACE, SASKATOON SK S7H 3W4 MLS

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Location >> Located on the western edge of College Park; a well established, desirable, middle to upper income residential neighbourhood >> Summers Place is a small cul-de-sac consisting of apartment complexes, just off Acadia Drive with easy access to both 8th Street and Circle Drive, shopping and the University of Saskatchewan >> College Park has few apartment complexes. Evan Hardy High School abuts to the south and Sherbrooke Community Centre to the north, offering possible employment to tenants >> The majority of the neighbourhood is single family dwellings >> Owner managed. Financial statements, documents and warranties of upgrades available for qualified buyers

14,112 SF Building 12,715 SF Site (98’ frontage x 130’) RM-4 Zoning Parcels 120895959 Possession Negotiable Taxes $12,188.71 (2014)

List Price $2,430,000

>> 100% occupied for over 27 years >> Contact: Ward Edwards 306-850-3353 for details

COLLIERS INTERNATIONAL +1 306 664 4433 728 Spadina Crescent East Saskatoon, SK S7K 3H2 www.collierscanada.com/16210

Building Description >> >> >> >> >> >>

Two and a half story apartment building, rectangular in shape and built in 1969 with wood frame Exterior wall finish is a combination of brick veneer and siding. Site coverage ratio is 0.37 Building footprint consists of 4,704 SF for a total building area of 14,112 SF 400-amp main panel with each suite individually metered. Hot water boiler heats the suites and the upper suites have wall air-conditioning There is 1-bachelor unit, 11 x 1-bedroom units and 6 x 2-bedroom units, for a total of 18 units Suites have either neutral carpet or laminate flooring

Recent Upgrades >> Installed new in 2014: >> Dual Low-E Argon PVC sealed windows and balcony doors >> Certainteed Weatherboard over 1” Ener-Airfoil additional insulation >> Decks with treated 2 x 10 beams, 6 x 6 support posts and 2 x 6 decks >> White galvanized aluminum railings >> Applied new roof in 2011 - approx 1-11/2” Factory Mutual Spray Polyurethane Foam and coating roof >> Replaced new as required - washer, dryers, water heater, appliances, plumbing, heating zone valves and more.

Property Overview >> Parking for 23 vehicles via Summers Place and rear lane >> 98’ frontage x 130’ depth

Contact Us

WARD EDWARDS Salesperson +1 306 850 3353 +1 306 664 1645 [email protected] This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2013. All rights reserved. Colliers McClocklin Real Estate Corp.

COLLIERS INTERNATIONAL

+1 306 664 4433 728 Spadina Crescent East Saskatoon, SK S7K 3H2 www.collierscanada.com/saskatoon