Office Listings

1604 31ST STREET
Out Of District - Sub Area V1T 5G8

$6,100,000
Building and Land

Main Photo: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
Status:
Active
Prop. Type:
Building and Land
MLS® Num:
149102
Rare multi family freehold investment opportunity. This 4 storey, low rise apartment building contains 49 units, 30 of which have been extensively renovated. Approximately 96% fully leased. Walking distance to Vernon Jubilee Hospital. The unit mix consists of 7 bachelor suites, 21 one bedroom suites and 21 two bedroom suites. There is an excellent property management team in place who schedule repairs and maintenance. This is an opportunity not to be missed especially as the Cap Rate is above 6%.
Listing Area:
Out Of District
Listing Sub-Area:
Out Of District - Sub Area
Title:
Freehold
Property Type:
Building and Land
For Sale:
Yes
For Lease:
No
For Rent:
No
Taxes:
$26,530 / -
Lot Area:
0.78 acre(s)
Water Supply:
City
Sewer:
Sewer Connected
Available Services:
Public Trans. Nearby, Shopping Nearby
Amenities:
Air conditioning fully, Balconies, Intercom
Original Price:
$6,100,000
Legal Description:
LOT 1 PLAN KAP24356 SECTION 34 TOWNSHIP 9 LAND DISTRICT 41
Zoning:
RH-1
  • Photo 1: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 2: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 3: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 4: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 5: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 6: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 7: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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  • Photo 8: 1604 31ST STREET in : Out Of District - Sub Area Building and Land for sale (Out Of District)  : MLS®# 149102
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Listed by JASSI SANGHA of C21 DESERT HILLS RLTY.('10)LTD
Listing information last updated on December 17, 2018 at 02:43 PM (UTC)
Jeremia Huxley
Todd Matthews