73 Taren Dr - Apartments FOR SALE


Clearwater, BC V0E 1N2
$999,900 CAD
604-547-3338

NO PHOTO

$999,900 CAD
Apartments - FOR SALE
null | 9.12% Cap Rate

73 Taren Dr
Clearwater, BC V0E 1N2


HIGHLIGHTS

  • Property is professionally managed

OVERVIEW

Excellent fourplex investment opportunity with a strong CAP rate. This turnkey revenue property generates $7,600 per month in rental income. The property is professionally managed per month, offering minimal owner involvement, with the option for the new owner to continue with current management. One time fees for finding tenants: $500 for the single Bedroom units & $650 for the two bedroom units. Management company charges for snow removal and repairs. Specific pricing is discussed between the Landlord and Management. Situated on a large 2.3-acre site zoned MX-1 (Mixed Use) under the City of Clearwater, the property allows for multiple business and mixed-use opportunities. Full zoning details and permitted uses are outlined in the supporting documents. Showings: A minimum of 24 hours’ notice is required for all showings. All showings must be booked through Showing Time. The listing agent will coordinate directly with the management company to arrange access. Contact for further details. All measurements are approximate

FOR SALE DETAILS

PRICE

$999,900 CAD

PRICE/SF

$247 CAD /SF

# OF UNITS

4

PRICE/UNIT

$249,975

CAP RATE

9.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

MX-1

APN/PARCEL ID

023631732

ASK ABOUT THIS PROPERTY

Rohit JindalThe Syndicate Real Estate GroupMore Info
604-547-3338

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Rohit JindalThe Syndicate Real Estate GroupMore Info
604-547-3338

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