48000 Yale Rd - Apartments FOR SALE


Chilliwack, BC V2P 6H3
$3,288,880 CAD
604-585-7653
48000 Yale Rd, Chilliwack, BC for Sale
$3,288,880 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

48000 Yale Rd
Chilliwack, BC V2P 6H3


HIGHLIGHTS

  • Income-producing multi-family commercial asset with established tenancy.
  • Situated on a 0.85-acre site in East Chilliwack.
  • Built in 1968 with existing multi-tenant improvements.
  • Offers potential for future redevelopment or repositioning.
  • Located with convenient access to Chilliwack services and amenities.
  • Combines current cash flow potential with long-term investment upside.

OVERVIEW

Prime East Chilliwack opportunity! Situated on a massive 0.85-acre lot, this 1968-built multi-family commercial asset presents a rare value-add investment. Currently operating as a low-rise multi-tenant multiplex, this property offers incredible redevelopment potential or immediate cash flow with historically strong rental demand. Conveniently located near the heart of Chilliwack. Whether you're looking to maintain a steady revenue stream or reimagine a multi-family haven, this property is primed for your long-term vision.

FOR SALE DETAILS

PRICE

$3,288,880 CAD

PRICE/SF

$242 CAD /SF

# OF UNITS

24

PRICE/UNIT

$137,037

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

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

-

APN/PARCEL ID

006-531-806

ASK ABOUT THIS PROPERTY

Brent RobertsRoyal LePage Brent Roberts RealtyMore Info
604-585-7653

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Brent RobertsRoyal LePage Brent Roberts RealtyMore Info
604-585-7653

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