21 Beds / 100% Occupancy / 10% Cap Rate

Well maintained and stable cashflow business with a unique subsidy model. The current owner rents beds to individual tenants from the Community Homelessness Prevention Initiative (CHPI) under the auspices of The Regional Municipality of Waterloo. 

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The CHPI program pays a yearly contract fee regardless of the occupancy. Please contact the broker for further details on the business plan.