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Gore Avenue Residence 46117 Gore Av 12 Unit Apartment Building $4,300,000 CAD ($358,333 CAD/Unit) 4.99% Cap Rate Chilliwack, BC V2P 6K4
Investment Highlights
- Prime Location: Chilliwack Downtown Core
- Enhanced Parking: New asphalt and lines for ample parking
- Building Upkeep: Recent Exterior Paint, Some suites fully renovated
- Renovated units: All rented at market rates and recently remodified
- Longevity Assured: Meticulously maintained for lasting value
Executive Summary
EXCELLENT INVESTMENT OPPORTUNITY. WELL MAINTAINED 12 UNIT APARTMENT BUILDING. Location is in the downtown Chilliwack core. Excellent NOI $214,695 & achieving a 5% CAP rate. All rents are at Market Rates and units have been remodeled. Recent New Exterior paint, some suites fully renovated. Parking with recent new asphalt including parking lines. A great building maintained to last
Property Facts
| Price | $4,300,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $358,333 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 4.99% | Building Size | 6,630 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Apartment | Parking Ratio | 1.81/1,000 SF |
| Zoning | R2 - reside zoning | ||
| Price | $4,300,000 CAD |
| Price Per Unit | $358,333 CAD |
| Sale Type | Investment |
| Cap Rate | 4.99% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,630 SF |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | R2 - reside zoning |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (94)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Republique Group
Gore Avenue Residence | 46117 Gore Av
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