49.20957 -122.9273

No Address Provided New Westminster, BC V0V 0V0

Mike Doyle
Mike Doyle
Associate
101 - 938 Gibsons Way Gibsons BC V0N 1V7
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250081360 49.20957 -122.9273 734 /listing/250081360-150112867/new-westminster-bc-v0v-0v0 False 0 3900000.0 101 C8027787 False
  • $3,900,000
  • No Address Provided New Westminster, BC V0V 0V0

Property & Neighborhood Info

Courtesy Of TRG Commercial Realty Ltd.

Commercial in New Westminster

A well maintained three storey, 14 unit apartment building located directly across from Moody Park in New Westminster, BC. The building is fully occupied with rarely a vacancy and has achieved stable and consistent rental revenue and increases with an excellent tenant roster. Sits on a large 9,055 sf prime corner lot. 5 covered and 5 outdoor parking spaces. The building generates strong net income and has future development potential as medium density residential with views of the Fraser River. 3.9% cap rate on real rents and expenses.

Courtesy Of TRG Commercial Realty Ltd.

Main Features

  • Listing Status: Active
  • Units: 14
  • MLS® Number:C8027787

Additional Features

  • Style:
    • Multi-Family Commercial
  • Floor Area Fin - Main Flr:
    • 0
  • Short Region Code:
    • Vancouver
Neighborhood info courtesy of Homes.com © 2019