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73 Taren Dr 4 Unit Apartment Building $999,900 CAD ($249,975 CAD/Unit) 9.12% Cap Rate Clearwater, BC V0E 1N2
Investment Highlights
- Property is professionally managed
Executive Summary
Excellent fourplex investment opportunity with a strong CAP rate. This turnkey revenue property generates $7,600 per month in rental income. The property is professionally managed per month, offering minimal owner involvement, with the option for the new owner to continue with current management. One time fees for finding tenants: $500 for the single Bedroom units & $650 for the two bedroom units. Management company charges for snow removal and repairs. Specific pricing is discussed between the Landlord and Management. Situated on a large 2.3-acre site zoned MX-1 (Mixed Use) under the City of Clearwater, the property allows for multiple business and mixed-use opportunities. Full zoning details and permitted uses are outlined in the supporting documents. Showings: A minimum of 24 hours’ notice is required for all showings. All showings must be booked through Showing Time. The listing agent will coordinate directly with the management company to arrange access. Contact for further details. All measurements are approximate
Property Facts
| Price | $999,900 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $249,975 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.30 AC |
| Cap Rate | 9.12% | Building Size | 4,041 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | ||
| Zoning | MX-1 - Mixed use | ||
| Price | $999,900 CAD |
| Price Per Unit | $249,975 CAD |
| Sale Type | Investment |
| Cap Rate | 9.12% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 4,041 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | MX-1 - Mixed use |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
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Presented by
The Syndicate Real Estate Group
73 Taren Dr
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