1810 1 St - Apartments FOR SALE


Fruitvale, BC V0G 1L0
$1,198,000 CAD
250-860-1100
1810 1 St, Fruitvale, BC for Sale
$1,198,000 CAD
Apartments - FOR SALE
1/24
null | Request Cap Rate

1810 1 St
Fruitvale, BC V0G 1L0


HIGHLIGHTS

  • Brand new hot water tanks in units A, B, D
  • Sound dampening insulation between units
  • All new windows, doors, blinds
  • Stove venting to exterior
  • Remote sensor exterior lighting
  • New building siding on all sides

OVERVIEW

RLK Commercial is pleased to offer for sale a 100% interest in 1810 First Street, located in Fruitvale, BC – an exceptionally rare recently renovated multi-family investment and development opportunity with consistent occupancy and tremendous upside. Featuring four fully “renovated down to the studs” suites, each with 2-beds and 1 bath, and boasting RM2 (Medium Density Multiple Housing) zoning entitlements with concept plans for an additional two suites at the rear of the building, the property is extremely well positioned for investors and developers to leverage a stable income base and capitalize on exciting redevelopment upside.

FOR SALE DETAILS

PRICE

$1,198,000 CAD

PRICE/SF

$570 CAD /SF

# OF UNITS

4

PRICE/UNIT

$299,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,519 SF

ZONING

RM2

APN/PARCEL ID

013-050-591

ASK ABOUT THIS PROPERTY

Tristan ChartFair RealtyMore Info
250-860-1100

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Tristan ChartFair RealtyMore Info
250-860-1100

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