CHILLIWACK LOW RISE APARTMENT BUILDING for sale: THE THUNDERBIRD APARTMENTS 10-1 bedrooms 1-studio caretaker's suite (Listed 2010-09-22)

  • phone: 604-942-0606
  • fax: 604-942-9533
  • mobile: 604-649-7440 / 778-389-0827

Overview

9396 NOWELL STREET, CHILLIWACK, BC

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SOLD
  • Property Value$919,000
  • Property Address9396 NOWELL STREET, THE THUNDERBIRD APARTMENTS, CHILLIWACK, BC, V2P 4X5, Canada
  • TypeLOW RISE APARTMENT BUILDING
  • StyleCOMMERCIAL BUILDING
  • Year Built1972
  • Taxes$5,567.86
  • Lot Frontage72 ft
  • Lot Depth131 ft
  • Lot Size Area8,712 sq.ft.
  • Bedrooms10-1 bedrooms 1-studio caretaker's suite
  • Bathrooms11 full

CHILLIWACK

9396 NOWELL STREET, THE THUNDERBIRD APARTMENTS, CHILLIWACK, BC, V2P 4X5, Canada

Description

GREAT OPPORTUNITY HERE. Thunderbird Apartments, a 10 unit (plus studio caretaker unit) 3 storey walk-up building in excellent condition. Numerous improvements done recently that include suites updated with flooring, paint & light fixtures, appliances, common areas in & out updated as well, plus the windows (4yrs) & roof (6yrs) have been done. Many long term residents. Near town center & is an easy walk to shopping & services. Covered parking and storage lockers for tenants use. Each unit has separate meter, tenants pay their own cable. An easily self managed turn key investment, with a tremendous CAP RATE OF 6.23 % with potential of a higher projected net income, with a few changes, this could help to attain a CAP RATE OF 7.58%. Detailed package available upon request.

Listing Provided By

RE/MAX Sabre Realty Group

 Real Estate Listing provided by
  • The Eagleton Group
  • Phone: 604-942-0606
  • Mobile: 604-649-7440 / 778-389-0827
  • Toll-free: 1-888-942-0606
  • Fax: 604-942-9533
  • RE/MAX - Sabre Realty Group
  • #102-2748 Lougheed Hwy
  • Port Coquitlam/BC, BC
  • V3B 6P2