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  • Price$13,900,000
  • Built1962

100 Lanark St, Oromocto

River Island Realty is pleased to offer for sale Oromocto Riverview Apartments. There are 217 units in eight buildings located at 100 Lanark Street (45), 130 & 140 MacDonald Avenue (48), 970-990 Onondaga Street (72), 201-204 Gilmour Street (22) and 201-207 Gilmour Street (30). Located in the heart of Oromocto, these units are in close proximity to Base Gagetown, the largest military training base in Canada. Included in this offering, in addition to the 217 apartment units, is a piece of land below 140 MacDonald Avenue which will support further units of new inventory. In the last twelve months, the current owners have invested $500,000 in new appliances, HVAC work, window replacements and unit improvements. Included in this are upgrades to the common areas in all eight buildings featuring new lighting, flooring, emergency and smoke alarms, painting and lobby refurbishment. Current vacancy is 1.4%. Interested parties will sign a non-disclosure agreement to receive valuation pro-forma. Additional PIDs: 60006319, 60006327, 60113206, 60006293, 60006301, 60002912, 60151495, 60003688. Additional PANs: 00927935, 00927943 00927919 ,00927927, 00923729, 00923931, 00924490

Essential Information

  • MLS® #NB020069
  • Price$13,900,000
  • Land Size29411 s.m. (as per SNB) | 3.0 - 9.99 Acres
  • Year Built1962
  • TypeMulti Family
  • Sub-TypeOver 12 Units
  • StatusActive

Amenities

  • WaterfrontWater View

Exterior

  • ExteriorBrick, Stone, Vinyl
  • Lot Description29411 s.m. (as per SNB)
  • RoofAsphalt Shingle, MEMBRANE/MODIFIED

Listing Details

  • Listing AgentDiana Otteson
  • Listing OfficeRiver Island Realty

Community Information

  • Address100 Lanark St
  • SubdivisionC1 - Oromocto
  • CityOromocto
  • ProvinceNB
  • Postal CodeE2V 1C4

Interior

  • InteriorCushion/Tile/Lino, Laminate, Wood
  • HeatingHot Water, Natural Gas

Additional Information

  • Date ListedMarch 20th, 2019
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