46, 58, 64 Savoie Drive

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 PIDs 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.

For full listing details visit: https://www.realtor.ca/real-estate/30335338/46-58-64-savoie-drive-moncton

MLS^® Number: NB148327

$4,350,000

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Adam Tenwolde

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