11901 222 St - Apartments FOR SALE
Maple Ridge, BC V2X 5V4 |
$5,700,000 CAD
604-318-6313
11901 222 St
Maple Ridge, BC V2X 5V4
HIGHLIGHTS
- Numerous capital improvements including a Lochinvar high-efficiency boiler, double-glazed windows and breaker panels in each suite
- Accessible location immediately between Dewdney Trunk Road and Lougheed Highway, directly adjacent to Downtown Maple Ridge
- Strong in-place income, generating a 5.10% capitalization rate with further upside
- Large corner lot with ample parking and curb appeal
OVERVIEW
The Property is located in Maple Ridge’s Town Centre, an amenity rich neighbourhood with a unique mix of sought-after retailers, boutique shops, trendy dining options, and is in close vicinity to major throughfares for rapid transit throughout Metro Vancouver. The Property is highly accessible due to its proximity to the transit exchanges and the Port Haney West Coast Express Station.
FOR SALE DETAILS
PRICE
$5,700,000 CAD
PRICE/SF
$301 CAD /SF
# OF UNITS
22
PRICE/UNIT
$259,091
CAP RATE
5.1%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1966
PARKING SPACES
13
LAND DETAILS
LAND ACRES
0.43 AC
LAND SF
18,944 SF
ZONING
R2
APN/PARCEL ID
000-758-922
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
604-318-6313
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
604-318-6313
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
