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®# C8036575
Photo 1: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8036575
Photo 2: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8036575
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8036575
Build. Type:
Low Rise (2-4 stories)
A two storey, low maintenance 9-unit apartment building located across from Moody Park in New Westminster, BC. The building is fully occupied and has achieved stable and consistent rental revenue with an excellent tenant roster. Tenants pay their own heat and hot water. The building is in a central location directly across from Moody Park with the Royal City Centre Mall a 5 minute walk away. There is a bus stop immediately outside the building and two separate Skytrain Station are only a 15-20 minute walk or a 7 minute bus ride away. 3.4% cap rate on asking price.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Building Type:
Low Rise (2-4 stories)
# Units:
9
Land Use/Zoning:
NR-1
HVAC:
Separate Water Heaters
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Other Income:
Effective Gross Income:
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Previous Price:
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  • Photo 1: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8036575
    Photo 1 of 2
  • Photo 2: 1007 SIXTH Avenue in New Westminster: Moody Park Multi-Family Commercial for sale : MLS®# C8036575
    Photo 2 of 2
Listed by TRG Commercial Realty Ltd.
Data was last updated March 5, 2021 at 03:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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