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$3,100,000
Est. payment /mo
0.65 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Subdivision City Of Vernon
MLS® Listing ID 10350879
Condo Fees $3,517/mo
Year Built 1997
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Strata
Source Association of Interior REALTORS®
Property Description
14 separately titled strata properties in 2 separate and twin buildings each of 7 units. Terrific opportunity for a private investor, or a fabulous opportunity for a charity or non profit organization looking for multiple units in a single location. Currently fully occupied and rented. Each of the 14 units is individually owned and presently 1 owner can negotiate and sign for all units. At this time the Seller will not entertain sales of single individual units but may consider selling just one of the buildings, or the sale of a ""block"" of units. As each unit has separate rental amounts, strata fees, taxes etc providing 1 statement is difficult and we are still waiting on some information to provide a complete pro-forma, balance sheet and income statement. Good location, property is flat, fully useable, has creek at the rear, on the bus route and convenient to all that Vernon has to offer. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market'. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 or 3 bedroom units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. More info on our web site but call for more info or to arrange a viewing. (id:24570)
Location
Province BC
Zoning Multi-Family
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Mixed Flooring
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Strata
Virtual Tour https://drive.google.com/file/d/1c4HLVWbCZIegqvZv3ypSeb_bQZ9MLvM9/view?usp=sharing
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Listed by RE/MAX Vernon