11901 222 St | Maple Ridge, BC V2X 5V4
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- LoopNet Team
11901 222 St
Maple Ridge, BC V2X 5V4
Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- Numerous capital improvements including a Lochinvar high-efficiency boiler, double-glazed windows and breaker panels in each suite
- Strong in-place income, generating a 5.10% capitalization rate with further upside
- Accessible location immediately between Dewdney Trunk Road and Lougheed Highway, directly adjacent to Downtown Maple Ridge
- Large corner lot with ample parking and curb appeal
PROPERTY FACTS
| No. Units | 22 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 18,944 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.69/1,000 SF |
| Zoning | R2 - Medium Density Apartment Residential | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 18,944 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | R2 - Medium Density Apartment Residential |
AMENITIES
SITE AMENITIES
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
| 2+1 | 6 | - | - |
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