1121 Old Lakelse Lake Dr - Apartments FOR SALE


Terrace, BC V8G 0G5
$764,000 CAD
844-651-6070
1121 Old Lakelse Lake Dr, Terrace, BC for Sale
$764,000 CAD
Apartments - FOR SALE
1/16
null | 9.7% Cap Rate

1121 Old Lakelse Lake Dr
Terrace, BC V8G 0G5


HIGHLIGHTS

  • New well and septic
  • Mountain view
  • Excellent returns

OVERVIEW

Substantially rebuilt in 2017 this gorgeous multifamily home is nestled on 5 acres just a short distance from Lakelse Lake between Terrace and Kitimat. Ideal for those who are working in Kitimat, but have Terrace ties. This home offers modern beauty and country living in one package. Two one-bedroom units below , very spacious 2 bedroom main suite and a 1-bedroom Batchelor suite are fully tenanted. This building and property is in exceptional condition, with newer well and septic, making services simple and worry free! Investors, this provides excellent returns in the 9.7% range, and if you want a home with two to three mortgage helpers, look no further!

FOR SALE DETAILS

PRICE

$764,000 CAD

PRICE/SF

$243 CAD /SF

# OF UNITS

4

PRICE/UNIT

$191,000

CAP RATE

9.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.43 AC

LAND SF

236,531 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rick McDanielRoyal LePage Aspire RealtyMore Info
844-651-6070

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Rick McDanielRoyal LePage Aspire RealtyMore Info
844-651-6070

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