Alma Apartments 269 Young Street

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FOR SALE

Alma Apartments 269 Young Street Winnipeg, MB

MULTI-FAMILY PROPERTY

All offers should be sealed and delivered by no later than 3:30 p.m. CST, July 29th, 2016 24 hours notice required prior to any showing Property Highlights • Building has been extensively upgraded including. laundry, paint, plumbing, fire panel, sprinkler system, interior finishes, and more • Located less than 1 km awar from The University of Winnipeg • Easy access to several bus routes and close proximity to shopping, restaurants, and many other amenities • 3 Storey apartment building made up of one 2-bedroom suite, 16 1-bedroom suites, and 14 bachelor suites • Suited on (+/-) 6,098 square feet of land • All suites are separately metered with baseboard electric heating • Zoned R2: Residential - Two Family

Sale Price: $1,995,000.00 or $64,354.84 per suite Property Taxes: $26,619.81 Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Murray Goodman Associate Vice President T 204 928 5009 C 204 990 4800 [email protected] Chris Macsymic Associate Vice President T 204 928 5019 C 204 997 6547 [email protected] Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca

FOR SALE

Alma Apartments 269 Young Street Winnipeg, MB

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

FOR SALE Powered by Sitewise

Alma Apartments 269 Young Street Winnipeg, MB

269 Young St, Winnipeg, MB R3C 1Z1, Canada

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

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FOR SALE Powered by Sitewise

Alma Apartments 269 Young Street

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269 YoungWinnipeg, St, Winnipeg, MB MB R3C 1Z1, Canada Sitewise 2015 Demographic Snapshot 2015 Demographic Snapshot

Total Population 2010 estimated 2015 estimated 2020 Projected

269 Young St, 269 Young St, 269 Young St, Winnipeg, MB R3C 1Z1, Winnipeg, MB R3C 1Z1, Winnipeg, MB R3C 1Z1, Canada Canada Canada 0 - 1 km 0 - 3 km 0 - 5 km % % %

% Pop. Change (2010-2015) % Pop. Change (2015-2020) 2015 Total Population by Age 0 to 4 years 5 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 to 74 years 75 years & over

21,485 21,634 22,866

109,370 112,244 118,201

222,241 228,539 236,392

0.7% 5.7%

2.6% 5.3%

2.8% 3.4%

21,634 1,284 2,822 2,338 5,194 3,211 2,668 2,063 1,130 923

Median Age

112,244 6,150 15,696 9,215 22,375 16,128 14,634 13,025 8,038 6,982

5.9% 13.0% 10.8% 24.0% 14.8% 12.3% 9.5% 5.2% 4%

228,539 13,530 36,080 17,495 40,713 32,343 30,692 27,094 16,526 14,067

5.5% 14.0% 8.2% 19.9% 14.4% 13.0% 11.6% 7.2% 6%

33.3

36.5

36.9

2015 Total Census Families Average Persons Per Family

3,913 2.9

22,992 3.0

51,009 3.1

Total Couples Without children at home With children at home Lone-parent families

2,521 1,213 1,308 1,392

Children Per Census Family

16,893 7,779 9,114 6,100

1.2

2015 Educational Attainment (15 years+) Less than a bachelor degree Bachelor degree & higher

17,206 12,736 4,470

2015 Households Persons per household

11,186 1.81

Average household income

64.4% 31.0% 33.4% 35.6%

$

2015 Occupied Dwellings Owned dwellings Rented dwellings

37,128 16,194 20,934 13,881

1.2 90,231 63,746 26,485

74.0% 26.0%

$ 18.7% 81.3%

184,044 137,512 46,532

70.6% 29.4%

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

74.7% 25.3%

100,779 2.19

64,325 52,349 22,076 30,273

72.8% 31.7% 41.0% 27.2%

1.3

52,349 2.03

42,597 11,186 2,087 9,099

73.5% 33.8% 39.6% 26.5%

5.9% 15.8% 7.7% 17.8% 14.2% 13.4% 11.9% 7.2% 6%

$ 42.2% 57.8%

67,804 100,779 54,745 46,033

54.3% 45.7%

FOR SALE

Alma Apartments 269 Young Street Winnipeg, MB

EXPENSES

269 YOUNG STREET REVENUE

BUDGET ANNUAL LAUNDRY AND PARKING VACANCY + BAD DEBT (4%)

$221,640 $3,720 ($8,866) $216,494

EXPENSES PROPERTY TAX

$26,620

INSURANCE

$7,827

WATER

$11,160

HYDRO

$5,000

MISC. & SGA

$3,768

REPAIR/MTNCE

$15,500

MANAGEMENT + CARETAKER

$13,387

TOTAL OP EXPENSES

$83,262

ESTIMATED NET OPERATING INCOME

$133,232

Murray Goodman Associate Vice President T 204 928 5009 C 204 990 4800 [email protected] Chris Macsymic Associate Vice President T 204 928 5019 C 204 997 6547 [email protected]

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca