Multi-Family Investment

Multi-Family for Sale
Catylist Listing ID: 30561823
Property Subtypes: Low-Rise/Garden
Number of Units: 30 Units
Building Size (RSF): 14,002 SF
Gross Building Area: See Agent
Gross Land Area: 17,424 SF
Sale Price: $4,950,000
Unit Price: $165,000 Per Unit
Property Use Type: Investment
Building Name: Woodside Manor
Sale Terms: Cash to Seller
Last Updated: 3/12/2020

Overview / Comments

Opportunity to invest in a well maintained 30 unit apartment comprised of 24 generous sized 1 bdrm + 6 bachelor suites. Located in downtown Chilliwack, easy walking distance to shopping, recreation, medical services and transportation. Many upgrades over the last few years including roof, fire suppression, heating and hot water system to mention but a few. Individual electric meter, storage lockers and parking both covered and open. A tenant mix of many long term stable clients is making this an easily managed property while helping maintain the vacancy rate at near zero. This investment is enhanced by the fact that many units are rented at below market rates. A stable investment with a definite upside ... worth consideration!

Attachments & Media

Additional Details

Nearest CMA: Chilliwack
Regional District: Fraser Valley
Parcel ID: 004-698-681

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Contact

Photograph of Listing Agent

Bob Plowright

RE/MAX Bob Plowright Realty Commercial First Member
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