2312 36 St - Apartments FOR SALE


Vernon, BC V1T 6W2
$5,150,000 CAD
250-861-8103
2312 36 St, Vernon, BC for Sale
$5,150,000 CAD
Apartments - FOR SALE
1/1
null | 4.73% Cap Rate

2312 36 St
Vernon, BC V1T 6W2


OVERVIEW

Great opportunity to purchase a fully leased apartment building close to downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens, new laminate flooring, and cabinets. It is comprised of Twenty-two (22) 1-bedroom units that are surrounded by Swan Lake Creek and Vernon Creek with great yard space for Tenants on a quiet cul de sac. The property is zoned RM2 (Downtown Urban Centre) and has 22 parking stalls. Share sale option and there is an assumable CMHC mortgage financing in place at 3.95% interest rate until June 2033.

FOR SALE DETAILS

PRICE

$5,150,000 CAD

PRICE/SF

$292 CAD /SF

# OF UNITS

22

PRICE/UNIT

$234,091

CAP RATE

4.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,113 SF

ZONING

RM2

APN/PARCEL ID

002-386-526

ASK ABOUT THIS PROPERTY

Jack ShabbitsColliersMore Info
250-861-8103

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Jack ShabbitsColliersMore Info
250-861-8103

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