For Sale · Multifamily

33 Braemar, Moncton

33 Braemar, Moncton, NB E1A3S7

$599,000 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

99%

Lot Size

0.1462862565050434 ac

About this property

Attention Investors ! Great opportunity to own a fully tenanted triplex in prime Area Beside University of Moncton ! This property offers 2 large 3 bedrooms Units with Mini Splits in each followed with a Upper Level 1 bedroom Unit. All New Appliances with Washer / Dryer / Dishwasher/ air Exchanger in every Unit. 3 Seperate Electric Meter Boxes and 3 Seperate mailboxes for each tenant. Brand New Steel Beam engineered Deck Built in 2024. 3 Bedroom Units rented at 1700.00 Monthly. 1 Bedroom Unit Rented at 1300.00 Monthly. (id:66811)

Financial sandbox

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Estimate
Purchase price$599K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$24K

Annual cash flow

$-10K

Cash-on-cash

-5.31%

DSCR

0.71

Going-in cap

3.95%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

73,508

Households

30,546

Median income

$104,000

Median age

33.2

Daytime population

109,222

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 33 Braemar, Moncton.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.