Multi Family

13265 104 Avenue
Whalley Surrey V3T 1V3

$14,000,000
Multi-Family Commercial

Main Photo: 13265 104 Avenue in Surrey: Whalley Multi-Family Commercial for sale (North Surrey)  : MLS® # C8013623
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8013623
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Rare Surrey offering situated on 1.41 AC. Excellent investment / holding property for future development site. Well maintained 57 unit 3 storey apartment building. Only minutes walk to City Centre, skytrain, Surrey Place, library, etc. Surrey City Centre fast growing trending neighborhood with Two local, major post-secondary educational institutions, Simon Fraser University and Kwantlen Polytechnic University are nearby the site.The current Floor Area Ratio (FAR) for this site is 2.5 for potentially 153,500 square feet of buildable (+-). Many sites surrounding this lot are zoned Comprehensive Developments, (CD Zones). As density expands out from the City Center there is a trend for lots to apply CD zoning. The current zoning and the increase of allowable densities in adjacent properties may support an increase in allowable density.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories)
# Units:
57
# Storeys:
3.0
Year built:
1972 (Age: 45)
Land Use/Zoning:
RM-45
Taxes:
$32,300.67 / 2015
# Elevators:
1
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$0
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 13265 104 Avenue in Surrey: Whalley Multi-Family Commercial for sale (North Surrey)  : MLS® # C8013623
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  • Photo 2: 13265 104 Avenue in Surrey: Whalley Multi-Family Commercial for sale (North Surrey)  : MLS® # C8013623
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Listing information last updated on 29-Sep-2017 11:05 AM