$1,950,000
About this Residential Commercial Mix
STABLE 5.7% CAP RATE – CENTRAL INVESTMENT PACKAGE. Secure a high-performance multi-family asset in a premier rental market. This offering features a well-maintained 16-unit apartment building (173 Wade Ave W), recently upgraded with a new roof, and the adjacent property (157 Wade Ave). Sold together for $2,775,000, this side-by-side assembly provides immediate operational efficiency and significant scale. With steady rental income already in place and a central location steps from transit, shopping, and amenities, this is a blue-chip addition to any portfolio with exceptional long-term growth potential. (id:14735)
Listed by Coldwell Banker Horizon Realty.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Norm Davies for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Features
- MLS®: 10370908
- Type: Residential Commercial Mix
