3604 30th Avenue, Vernon, British Columbia

Property for Sale in Vernon

3604 30th Avenue, Vernon, BC

  • CA$4,100,000
  • 0 BEDS
  • 0 BATHS
  • 13,004 sq.ft. Home
  • CA$4,100,000

Property for Sale in Vernon

3604 30th Avenue, Vernon, BC

  • CA$4,100,000
  • 0 BEDS
  • 0 BATHS
  • 13,004 sq.ft. Home
  • CA$4,100,000

Key Facts

  • MLS® #: 10360584
  • Property ID: SIRC2769000
  • Property Type: Residential, Other
  • Living Space: 13,004 sq.ft.
  • Lot Size: 0.36 ac
  • Year Built: 1965
  • Parking Spaces: 16
  • Listed By:
  • Colliers

Property Description

Great opportunity to purchase a 16 unit apartment building in downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens new laminate flooring and cabinets. It is comprised of nine (9) 2 bedroom suites, six (6) 1 bedroom suites and one (1) studio. The property is zoned RH3 (High-rise apartment residential) allow for 65 units per acre with potential to increase to 79 units per acre. Building including 16 parking stalls.
NOI is $205,640 with a 5.02% cap rate. Share sale and there is an assumable CMHC mortgage financing in place at 4.13% interest rate until 2033.

Listing Agents

Colliers

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Location

3604 30th Avenue, Vernon, British Columbia, V1T 2E4 Canada

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Home/British Columbia/Vernon/MLS® 10360584