3604 30 Av - Apartments FOR SALE


Vernon, BC V1T 2E4
$4,100,000 CAD
250-861-8103
3604 30 Av, Vernon, BC for Sale
$4,100,000 CAD
Apartments - FOR SALE
1/2
null | 5.02% Cap Rate

3604 30 Av
Vernon, BC V1T 2E4


OVERVIEW

Great opportunity to purchase a 16 unit apartment building in downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens new laminate flooring and cabinets. It is comprised of nine (9) 2 bedroom suites, six (6) 1 bedroom suites and one (1) studio. The property is zoned RH3 (High-rise apartment residential) allow for 65 units per acre with potential to increase to 79 units per acre. Building including 16 parking stalls. Share sale an option and there is a assumable CMHC mortgage financing in place at 4.13% interest rate until 2033.

FOR SALE DETAILS

PRICE

$4,100,000 CAD

PRICE/SF

$255 CAD /SF

# OF UNITS

16

PRICE/UNIT

$256,250

CAP RATE

5.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,596 SF

ZONING

RH3

APN/PARCEL ID

005947618

ASK ABOUT THIS PROPERTY

Jack ShabbitsColliersMore Info
250-861-8103

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Jack ShabbitsColliersMore Info
250-861-8103

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