815 5th Ave (Under Contract)

815 5th Ave, New Westminster, BC V3M1Y1

$8,600,000 CAD

61 Units | Multifamily

Multifamily Property For Sale

Price:
$8,600,000 CAD
No. Units:
61
Building Size:
49,918 SF
Price/Unit:
$140,983.61 CAD
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
3.84%
Listing ID
19059004
Last Updated
1 day ago

Find Out More...

Description

61 unit apartment building. Easy access to public transportation on 8th Street. Shopping is plentiful within a two minute walk to the Royal Centre Mall. Moody Park is just a few blocks away.

The subject property is located at 8th Street and 5th Avenue. This could be considered the heart of New Westminster. This location offers public transportation within steps of the building on 8th Street. Direct access to the downtown core of Vancouver and Burnaby is also via 8th Street. Shopping is plentiful within a two minute walk at the Royal Centre Mall. This is the large regional mall which services the majority of New Westminster' s grocery and shopping needs. This mall has the stores and services required by any tenant encouraging an older clientele in the building due to its superb location

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Financial Summary

  • Actual
  • $320,400 CAD
Commercial property information by LoopNet

Map of 815 5th Ave, New Westminster, BC V3M1Y1

Contact Listing Broker to find out more details.

Presented by

NAI Commercial

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Contact Listing Broker
Terry Harding (604) 691-6615
Jackson Tang (604) 691-6680
Brandon Harding (604) 691-6630
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