Listing Details
- $2,490,000
- MLS# 1042858
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Sutton Group-West Coast Realty (Nan)
Agency Phone: 250-756-2112
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
Home Value Estimate
Description
Exceptional investment opportunity featuring a meticulously maintained 10-unit rental building constructed in 2019. The property generates more than $12,000 per month plus utilities, with a projected cap rate of approximately 4.5%?5%. Ideally located near transit, ferries, sea plane service, shopping centres, schools, parks, churches, and other essential amenities. Building maintains 100% occupancy, supported by an ongoing tenant wait-list that reflects the strong demand for rental housing in this location. Professionally managed and exceptionally clean, the property benefits from a stable roster of responsible tenants and offers a straightforward,...read more
Features
- Property Type: Multi Unit - Multiple
- Days on Site: 3
- Exterior: Vinyl Siding
- Flooring: Carpet
- Heating: Baseboard
- Lot Description: Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby
- Lot Size: 0.15 Acres
- Parcel#: 026089921
- Parking: On Site
- Parking Notes: On Site
- Sewer: Sewer Connected
- Special View Info: City, Mountain(s)
- Taxes: $15,228
- Units: 10
- Units in Community: 10
- Utilities: Cable Connected, Electricity Connected, Phone Available
- Water: Municipal
Gallery
Listed By
Agency Name: Sutton Group-West Coast Realty (Nan)
Agency Phone: 250-756-2112
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
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