For Sale - 4391 Jackson Street, Lincoln, Ontario

Est payment $8,158/mo
Views   1
Time on Jump  3 day
  • Clean 11-unit building with an attractive 7.1% cap rate.
  • Diverse tenant profile including families, professionals, and retirees.
  • Well-maintained with key systems updated and minimal renovations needed.
  • Steady cash flow with potential to increase market rents.
  • Controlled expenses with room for further optimization.



A clean 11-unit building selling at aprox. A 7. 1% cap rate based on real numbers, not projections. 10x2 bedroom, 1x3 bedroom. Tenants pay hydro. Boiler roughly 7 years old. Turn key with no heavy lifting, no major repositioning needed to enjoy current phenomenal cashflow but if you want to work the asset and force appreciation there is tremendous upside to market rents. Tenant profile is both diverse and stable, comprising working families, skilled trades professionals, retirees, and individuals transitioning from higher-cost urban markets. Solid construction, key systems addressed, clean environmental, and a strong unit mix. Expenses are well-controlled at a 37. 1% income to expense ratio, with potential to further optimize expenses. A stabilized, income-producing asset delivering strong in-place cash flow, with defined pathways to further drive value through operational improvements. Tours will be conducted sunday april 26th from 11am-1pm. This is not an open house attendance must be confirmed
Listing IDX13021150
Address4391 Jackson Street
CityLincoln, Ontario
Price$1,699,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Major Highway, Recreation/Community CentreHeating / Cooling Gas Hot Water
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Listing Agency:  MYSAK REALTY INC.

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4391 Jackson Street
Lincoln , Ontario
$1,699,000
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