Lakeview Apartments: 67 Apartment Rental Suites in Sudbury, Ontario
1693 - 1699 Paris Street Sudbury , Ontario P3E 3C4

Lakeview Apartments: 67 Apartment Rental Suites in Sudbury, Ontario - multi-family for sale

1.20 ac
Multifamily Sale/Purchase
Contact us for price

Description

SOLD: Lakeview Apartments is made up of two apartment buildings having a total of 67 suites, located in scenic Sudbury, Ontario overlooking Nepahwin Lake. The Property occupies 1.2 acres and provides easy access to both the Four Corners commercial precinct as well as downtown.  The recent renovations and various mechanical and appliance up-dates provide little near-term capital exposure and a modern, comfortable home for residents. The Property is located just 3 kilometers from the Trans Canada Highway, 3.4 kilometers from Laurentian University and approximately 4 kilometers from the downtown core.

Highlights
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Modern Design and Construction
- Incredibly Efficient: Separately Metered Utilities & Limited Near Term Cap-Ex
- Massive Rental Upside - 37% Potential on Turnover
- Well Positioned in High Demand Neighbourhood
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Free & Clear of Financing

 

Lakeview Apartments: 67 Apartment Rental Suites in Sudbury, Ontario - multi-family for sale

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