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Do you think these 2 apt`s are priced to sell?

rainman11

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May 15, 2008
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I have two apartments for sale but I`m wondering if I have them priced right? From what I can tell most of the apartments in Ontario are going for a lot more, and a lot lower cap rates. But I know many of you in this forum are experts so can you give me some feedback? Are they priced to sell or should I change the pricing?

63 unit in Thunder Bay ON going for $2.64m ($42k per door) 8% cap

14 unit in Windsor ON going for $490k ($35k per door) 9.2% cap

If you need more details that`s available at my website. Thank you.
 
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