8 Suite Apartment for Sale in the Heart of Eston.

APARTMENT SALE INFORMATION 115-3rd Ave. SE., Eston, SK

8 Unit Apartment building for sale in the Heart of Eston

The apartment building has been owned and operated by a local college for over 30 years. Due to the charitable status of the college, the apartment could only be rented to staff, students, and volunteers of the institution. As such, the rental rates were kept low to accommodate students’ limited income and open spaces were not rented to the general public. In the last 10 years, several interested parties have approached the college to buy the property, but the institution was not interested at that time. With the relocation of Eston College to Regina, the apartment is now on the market.

Renters working in or near Eston have been forced to find lodging in nearby towns such as Kindersley or Elrose due to lack of options, suggesting an investment opportunity for the buyer of this apartment building. There is one other apartment in town. Information about rental rates and demand at the other building for comparative purposes is available upon request.

Price: $199 999

Apt # 1 (2 bedroom) Apt # 2 (2 bedroom) Apt # 3 (1 bedroom) Apt # 4 (1 bedroom) Apt # 5 (2 bedroom) Apt # 6 (2 bedroom) Apt # 7 (1 bedroom) Apt # 8 (bachelor suite/studio style)

PROPERTY SPECS Total square feet: Approx. 5,500 (2 floors - 2768 square feet/floor) Heating type: Hot water boiler with heat exchanger for hot water supply

Exterior siding: Brick and wood

Roofing type: Asphalt rolled roof/asphalt shingles (redone approx. 2000)

Electrical type: Concealed conduit wiring

Plumbing type: Copper/pex piping

Year built: 1969

Amp service: 200 amp

Past revenue and expenses are available upon request.

Interested buyers, please contact info@estoncollege.ca or call 306.789.1235