33654 Homeview St - Apartments FOR SALE


Abbotsford, BC V2S 3P9
$3,600,000 CAD
33654 Homeview St, Abbotsford, BC for Sale
$3,600,000 CAD
Apartments - FOR SALE
1/1
null | 2.48% Cap Rate

33654 Homeview St
Abbotsford, BC V2S 3P9


HIGHLIGHTS

  • The below market rents offer investors incredible upside upon turnover, with minimal requirement for further renovation.
  • 8 of the 11 units have been tastefully renovated with modern finishings, including stainless steel appliances, laminate counter tops, and flooring.
  • Minimal operating costs as tenants pay their own utilities and the building offers limited common area.
  • Strategic location with immediate proximity to McCallum Road and South Fraser Way.

OVERVIEW

Homeview Apartments is a renovated and well-maintained, 11-unit apartment building, centrally located in the Historic Downtown of Abbotsford. 8 of the 11 units have been tastefully renovated with modern finishings, including stainless steel appliances, quartz counter tops, laminate flooring, and new cabinets and tiling. The below market rents offer investors with incredible upside upon turnover, with minimal requirement for further renovation.

FOR SALE DETAILS

PRICE

$3,600,000 CAD

PRICE/SF

$449 CAD /SF

# OF UNITS

11

PRICE/UNIT

$327,273

CAP RATE

2.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

008-262-365

ASK ABOUT THIS PROPERTY

Sunil SuvarnaMarcus & MillichapMore Info

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Sunil SuvarnaMarcus & MillichapMore Info

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