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1172 W Fraser Rd - 1172 WEST FRASER ROAD 9 Unit Apartment Building Offered at $616,081 USD at a 8% Cap Rate Quesnel, BC V2J 6H8
EXECUTIVE SUMMARY
Charming and private property featuring a main house and 8 rental units with a potential rental income of over $6,800 per month. The owner offers vendor financing. The main house is a 2-bed 2-bath manufactured home positioned on top of a fully finished basement suite. It features a covered patio along with a 1-port garage. Rental units house long term tenants and are never vacant. All rental units feature full kitchens and private entrances. Each unit is complete with a separate gas and electricity meter with accounts setup by the tenants. No need to worry about additional storage as the property comes complete with a 2-port detached garage. With steady income potential and peaceful rural settings this is a great investment opportunity offering a cap rate of 8% at asking price.
PROPERTY FACTS
| Price | $616,081 USD | Lot Size | 3.55 AC |
| Price Per Unit | $68,453 USD | Building Size | 7,950 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 8% | No. Stories | 1 |
| No. Units | 9 | Year Built | 1972 |
| Property Type | Multifamily | Parking Ratio | 0.38/1,000 SF |
| Zoning | R2 | ||
| Price | $616,081 USD |
| Price Per Unit | $68,453 USD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 9 |
| Property Type | Multifamily |
| Lot Size | 3.55 AC |
| Building Size | 7,950 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | R2 |
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1172 W Fraser Rd - 1172 WEST FRASER ROAD
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