Multi Family

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1007 SIXTH Avenue
Moody Park New Westminster V3M 2B7

$2,750,000
Multi-Family Commercial

Main Photo: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8034075
Photo 1: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8034075
Photo 2: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8034075
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8034075
Build. Type:
Low Rise (2-4 stories)
A two storey, 9-unit low maintenance apartment building located across from Moody Park in New Westminster, BC. The building is fully occupied and has achieved superior and consistent rental revenue with an excellent tenant roster. Tenants pay all their own utilities including heat and hot water. Central location with the Royal City Mall, directly across the park, a 5 minute walk away. There is a bus stop immediately outside the building and two separate Skytrain Stations are only a 15-20 minute walk or a 7 minute bus ride away. 3.4% cap rate on list price!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
9
Land Use/Zoning:
NR-1
Taxes:
$9,200.08 / 2020
HVAC:
Separate Water Heaters
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Effective Gross Income:
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  • Photo 1: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8034075
    Photo 1 of 2
  • Photo 2: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8034075
    Photo 2 of 2
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Listed by TRG Commercial Realty Ltd.
Data was last updated September 28, 2020 at 03:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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