209 Corman St Warman, Saskatchewan S0K 4S0

$1,290,000

209 Corman Street has 3 structures , two of the structures have a total 54 unit rental pods and a stand alone 1500 sq. ft. heated shop that leases out for $2100.00 a month. There are 27 units 9 x 20 that rent for $140.00, 7 units that are 10 x 18 rent for $140.00, 15 units that are 10 x 20 rent for $150.00, 5 units that are 10 x 22 rent for $160.00. Insurance is $5892.00 , Snow removal $1934.00 , Property taxes $10683.00 . Minimal vacancies , Compound is fully chain link fenced with locked main gates that each tenant gets a master key. There is additional room to add more units , all structures are metal clad. We have contracts in place for every tenant are set up on auto debit. Land is 147 x 288. One of the owners received $1000.00 a month to look after this complex. We have a satisfactory environmental dated September 2015 , the shop tenant has a 2 year lease in place . The shop was constructed in 2004 , the east bank of units in 2007 and the middle bank in 2011 . There are long term tenants dating back to 2007 . Next increase is set for April 1st of $9720.00.00 ($15.00 a unit) The name can or would go along with the sale . All tenants are signed under a contract and as well would be included . Everyone is on auto debt . (id:24137)

Property Details

Building

Land

https://www.realtor.ca/real-estate/23665575/209-corman-st-warman