Rental Apartment Development Site

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30183486
Property Subtypes: Multi-Family
Status: Pending/Contingent
Gross Land Area: 4.19 Acres
Sale Price: $1,288,000
Unit Price: $307,398 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2018

Overview / Comments

Proposed 78 unit Rental Apartment site. Merritt with a near 0% vacancy rate needs rental accommodations ASAP. Minimal off sites required. Full municipal services in street at front of property. Ready for Development Permit application. Asking approximately $16,500 per door.

Additional Details

Regional District: Thompson-Nicola
Taxing Authority: Merritt BC
Parcel ID: 027-084-736
Zoning: R-3


Photograph of Listing Agent

Ted Weibelzahl

NAI Commercial (Langley) Ltd.
Commercial First Member
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