1010 8 Av - Apartments FOR SALE


Valemount, BC V0E 2Z0
$990,000 CAD
604-691-6638
1010 8 Av, Valemount, BC for Sale
$990,000 CAD
Apartments - FOR SALE
1/9
null | 7.41% Cap Rate

1010 8 Av
Valemount, BC V0E 2Z0


OVERVIEW

Opportunity to purchase this solid 12-unit building with good quality tenants and well-managed by a property manager. The building is in an excellent location near schools, transit, and shopping. • Tenants pay own utilities • 2 sets of coin-op washer/dryers for the tenants’ use • Recent improvements include exterior paint update to the balconies and window trims • 2 units were renovated: #201 - repaint, new fridge, range hood, kitchen counter #203 - new fridge, kitchen counter, patio door and one bedroom window was replaced • Minor landscaping done to remove some unhealthy shrubbery and replace with a small flower area • All water tanks were assessed & replaced where needed, all baseboard heaters were replaced in the last 5 years

FOR SALE DETAILS

PRICE

$990,000 CAD

PRICE/SF

$63 CAD /SF

# OF UNITS

12

PRICE/UNIT

$82,500

CAP RATE

7.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,723 SF

ZONING

Rural 2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael MarckwortNAI Commercial VancouverMore Info
604-691-6638

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Michael MarckwortNAI Commercial VancouverMore Info
604-691-6638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.