8,067 ft²Multifamily$3,950,000Sale
8,067 ft²
Multifamily
$3,950,000
Sale
James Blair
Marcus & Millichap
Data Room Access
The Property has undergone regular capital improvements including new doubleglazed windows, main hot water tank replacement (2019), breaker panels, and upgraded lobby and common areas with new carpet, lighting, and paint. General plumbing upgrades have also been completed throughout. 14 well-appointed bright and spacious suites, most of which have been upgraded with laminate flooring, renovated kitchens and bathrooms, and individual hot water tanks. Tenants are responsible for their own electric baseboard heat.
The Space
Asking Price$3,950,000
Available Space8,067 ft²
Net Operating Income$132013
Property UseMulti family
Cap Rate3.34%
SourceDirect
The Building - The Mayflower
Property TypeMultifamily
Lot Size8,067 ft²
Year Built1954
Up to $500K for British Columbia businesses
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