46117 Gore Av - Apartments FOR SALE


Chilliwack, BC V2P 6K4
$3,200,000 CAD
604-968-8111
46117 Gore Av, Chilliwack, BC for Sale
$3,200,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

46117 Gore Av
Chilliwack, BC V2P 6K4


HIGHLIGHTS

  • Downtown Chilliwack location close to amenities, transit, and employment nodes
  • Fresh exterior paint, new sundeck railings and flooring, plus two fully renovated suites.
  • Well-maintained multifamily asset featuring 5 two-bedroom units and 7 one-bedroom units.

OVERVIEW

INVESTORS ALERT- Multifamily 12 units turn key apartment building available for sale. 5- two bedrooms units and 7 -one bedroom units. All units have a large storage / den. The Property is ideally located in downtown Chilliwack in an amenity-rich and employment-centric neighborhood offering an investor stable cash flow in a supply-constrained market. The Property has been well-maintained and features numerous building and suite upgrades including FRESH PAINT EXTERIOR, New sundeck railings and flooring, two units fully renovated. The Property's current rents are below market offering a purchaser the opportunity to further increase income on natural tenant turnover.

FOR SALE DETAILS

PRICE

$3,200,000 CAD

PRICE/SF

$483 CAD /SF

# OF UNITS

12

PRICE/UNIT

$266,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gore Avenue Residence

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,765 SF

ZONING

R2

APN/PARCEL ID

006-585-116

ASK ABOUT THIS PROPERTY

Randy LimRepublique GroupMore Info
604-968-8111

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Randy LimRepublique GroupMore Info
604-968-8111

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