Key Facts
- MLS® #: 10360617
- Property ID: SIRC2769024
- Property Type: Residential, Other
- Living Space: 16,307 sq.ft.
- Lot Size: 0.83 ac
- Year Built: 1981
- Parking Spaces: 22
- Listed By:
- Colliers
Property Description
Great opportunity to purchase a fully leased apartment building close to downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens, new laminate flooring, and cabinets. It is comprised of Twenty-two (22) 1-bedroom units that are surrounded by Swan Lake Creek and Vernon Creek with great yard space for Tenants on a quiet cul de sac. The property is zoned RM2 (Downtown Urban Centre) and has 22 parking stalls. NOI is $243,794 and is a 4.73% cap rate. Share sale and there is an assumable CMHC mortgage financing in place at 3.95% interest rate until June 2033.
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Location
2312 36th Street, Vernon, British Columbia, V1T 6W2 Canada
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