46-58-64 Savoie DR, Moncton, NB, E1C 8H3

MLS® # NB148327

new listing

House For Sale In Moncton, New Brunswick

$4,350,000 QuickQuote^TM: Not Available

None Beds

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46-58-64 Savoie DR, Moncton, NB, E1C 8H3

$4,350,000

Property Information:

PMco Corporate Real Estate Inc. is pleased to present 46, 58 & 64 Savoie Drive, a 29-unit, three building purpose-built apartment portfolio, on three separate PID’s in Moncton, New Brunswick. The Portfolio is a clean, well-located lease-up opportunity: a well-built, brick-clad apartment community in an established Moncton rental node, currently operating well below stabilized occupancy. The path to value is straightforward, returning vacant units to the market, rather than a rent growth story, since in-place rents on occupied units already track close to comparable market levels. Positioned in the well-developed north-central Moncton corridor near Mountain Road, the Portfolio benefits from consistent multi-family rental demand, proximity to daily-needs amenities, and Moncton’s continued population and income growth relative to national and provincial averages

Building Features:

Total Finished Area: 25500 Square Feet

Property Features:

Exterior: Brick
Flooring: Vinyl, Other
Heating Cooling: Baseboard
Property Size: 0.5 - 0.99 Acres
Roof: Membrane/Modified
Title To Land: Freehold
Water: Municipal

Courtesy of: PMCO Corporate Real Estate Inc

Data provided by: New Brunswick REALTORS® du Nouveau-Brunswick 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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