Multi Family

Moody Park New Westminster V0V 0V0

$3,900,000
Multi-Family Commercial

Main Photo:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
Photo 1:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
Photo 2:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
Photo 3:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
Photo 4:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8027787
Build. Type:
Low Rise (2-4 stories)
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.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
14
Land Use/Zoning:
RM-2
Taxes:
$9,535 / 2018
# Elevators:
0
HVAC:
Hot Water, Radiant
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
    Photo 1 of 4
  • Photo 2:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
    Photo 2 of 4
  • Photo 3:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
    Photo 3 of 4
  • Photo 4:  in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8027787
    Photo 4 of 4
Listed by TRG Commercial Realty Ltd.
Data was last updated September 22, 2019 at 11:05 AM (UTC)
Bruce Long CCIM, FRI
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.