45766 Av Henderson - Apartments FOR SALE


Chilliwack, BC V2P 2Y1
$4,350,000 CAD
236-804-2705
45766 Av Henderson, Chilliwack, BC for Sale
$4,350,000 CAD
Apartments - FOR SALE
1/3
null | 4% Cap Rate

45766 Av Henderson
Chilliwack, BC V2P 2Y1


OVERVIEW

Avison Young is pleased to present Novea Manor, a well-maintained and upgraded 21-unit rental apartment building located at 45766 Henderson Avenue in the heart of Downtown Chilliwack. Built in 1994, the Property is situated on a 15,681 sf site with secured underground parking and benefits from being a strata-titled structure allowing for flexible investment strategies. With its central downtown location, close proximity to District 1881, and a walkable amenity-rich setting, Novea Manor offers investors an opportunity to capitalize on an asset in a high growth area. This is a rare opportunity to acquire a stable multifamily asset with meaningful rental upside in one of the Fraser Valley’s fastest-growing markets.

FOR SALE DETAILS

PRICE

$4,350,000 CAD

PRICE/SF

$870 CAD /SF

# OF UNITS

21

PRICE/UNIT

$207,143

CAP RATE

4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Novea Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1994

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,681 SF

ZONING

R6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bijan LaljiAvison YoungMore Info
236-804-2705

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Bijan LaljiAvison YoungMore Info
236-804-2705

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