610 6th Avenue - Apartments FOR SALE
New Westminster, BC V3M 2B2 |
$6,250,000 CAD
604-681-4111
610 6th Avenue
New Westminster, BC V3M 2B2
HIGHLIGHTS
- High exposure mixed-use building across from Walmart Supercentre and Shoppers Drug Mart.
- The Property has undergone significant capital upgrades over the past 10 years.
- Future high-density mixed-use development potential under the existing zoning.
- Potential for income growth in both residential and retail revenues due to existing below-market rents.
- Within walking distance of schools, retail stores, banks, parks, and the New Westminster SkyTrain station, making the area attractive to both young pr
FOR SALE DETAILS
PRICE
$6,250,000 CAD
PRICE/SF
$351 CAD /SF
# OF UNITS
16
PRICE/UNIT
$390,625
CAP RATE
5.26%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
610 Sixth Avenue
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1958
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,825 SF
ZONING
C-3
APN/PARCEL ID
002-362-465,024-498-955
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604-681-4111
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604-681-4111
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