APARTMENT COMPLEX FOR SALE - 12 large 2 bedroom apartments in a private, landscaped setting in the quiet neighbourhood of Cranberry. 100% occupied to long term tenants, generating strong cash-flow. Average rents are well below market level so there's significant upside for income growth. Building has been well maintained with regular upgrades. Each unit has it's own laundry. There's ample parking and the property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including shops, restaurants and senior services, are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for financials and to arrange a viewing. (id:4069)
Address
5580 MANSON AVE
List Price
$1,675,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Powell River
Floor Area
6,198 Sq. Ft.
Lot Size
0.82 Sq. Ft.
Year Built
1965
MLS® Number
18274
Listing Brokerage
ROYAL LEPAGE POWELL RIVER
Site Influences
Shopping, Public Transit
Features
Level lot, Treed
Amenities
Balconies
