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Property Details


List Price
$919,000
Property Address
9396 NOWELL STREET, THE THUNDERBIRD APARTMENTS, CHILLIWACK, BC, V2P 4X5, Canada
Type
LOW RISE APARTMENT BUILDING
Style
COMMERCIAL BUILDING
Year Built
1972
Taxes
$5,567.86
Lot Frontage
72 ft
Lot Depth
131 ft
Lot Size Area
8,712 sq.ft.
Bedrooms
10-1 bedrooms 1-studio caretaker's suite
Bathrooms
11 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

Neighborhood Info

 Real Estate Listing provided by
  • The Eagleton Group
  • 604-942-0606
  • 604-649-7440
  • 1-888-942-0606
  • 604-942-0606
  • aleagle@shaw.ca
  • ReMax Sabre Realty Group
  • 102-2748 Lougheed Highway
  • Port Coquitlam, BC
  • V3B 6P2