Welcome to 1320 Fifth Ave!
A 13 Unit Multifamily Building Fully Occupied with Excellent Cash Flow - all 2 Bedrooms!
PID: 009-284-311 & 009-284-338
Legal: LOT 1 & 2 OF LOT 17 SUBURBAN BLOCK 7 PLAN 2620
Opportunity to acquire a 13 unit Multifamily Building. consisting of all 2 Bedrooms
Separate electrical meters per unit
Coin operated laundry
3 Story wood frame walk up building with surface parking, fully renovated suites with new roof, hot water tank, exterior paint, lighting
Offered at 2022 Capitalization Rate of 3.7% with Proforma of 4.31%.
View further details at: https://www.praedia.ca/commercial/1320-Fifth-Ave%2C-New-Westminster%2C-BC
Call for further information in our Property Book including financials, proforma, environmental / inspection reports etc. and to schedule a tour 604.505.6810
Available Space8,712 ft²
Property UseInvestment property
The Building - Southview Apartment
Lot Size8,712 ft²