46150 Thomas Rd - Apartments FOR SALE


Chilliwack, BC V2R 6H3
$3,100,000 CAD
604-428-5255
46150 Thomas Rd, Chilliwack, BC for Sale
$3,100,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

46150 Thomas Rd
Chilliwack, BC V2R 6H3


OVERVIEW

Fully leased 4-townhome block in the Base 10 Community in Chilliwack, BC. Each townhome features 4 bedrooms and 4 bathrooms ranging from 2,072 to 2,090 sq. ft in size. The units offer a 3-bed, 3-bath suite upstairs and a separate, legal 1-bed, 1 bath suite downstairs, for a total of 8 leasable suites. The property is low maintenance and worry free as the townhomes are under warranty for 5 and 10 years. The townhomes are built on a 99- year prepaid lease hold interest and are exempt from the authority of the Residential Tenancy Branch. There are 103 years left on the head lease. Each townhome can be sold individually as well. Units are leased to stable tenants and currently generate strong income, with the potential for growth upon turnover.

FOR SALE DETAILS

PRICE

$3,100,000 CAD

PRICE/SF

$371 CAD /SF

# OF UNITS

4

PRICE/UNIT

$775,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Samuel RepchukWilliam Wright CommercialMore Info
604-428-5255

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

Samuel RepchukWilliam Wright CommercialMore Info
604-428-5255

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