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1210 Seventh Ave 16 Unit Apartment Building $4,519,856 USD ($282,491 USD/Unit) 4.25% Cap Rate New Westminster, BC V3M 2J7
Investment Highlights
- Completely renovated 16-unit apartment building
- Hands-free, high-quality investment property
- New flooring, windows, kitchens, bathrooms, roof, and more
Executive Summary
Westview Manor is situated in the West End area of New Westminster, midblock between Twelfth and Thirteenth Street. There are many restaurants, shopping, parks and schools in the vicinity.
The building has been completely redone right into each and every unit. In addition to having washers and dryers in each suit, new flooring, windows, kitchens, bathrooms, roof, anything else you can think of has been renovated. The exterior of the building has an excellent curb appeal. This should be seen by anyone looking for a hands-free, high-quality investment property.
The building has been completely redone right into each and every unit. In addition to having washers and dryers in each suit, new flooring, windows, kitchens, bathrooms, roof, anything else you can think of has been renovated. The exterior of the building has an excellent curb appeal. This should be seen by anyone looking for a hands-free, high-quality investment property.
Property Facts
| Price | $4,519,856 USD | Apartment Style | Low-Rise |
| Price Per Unit | $282,491 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 4.25% | Building Size | 12,000 SF |
| No. Units | 16 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2018 |
| Property Subtype | Apartment | ||
| Zoning | RT-1A | ||
| Price | $4,519,856 USD |
| Price Per Unit | $282,491 USD |
| Sale Type | Investment |
| Cap Rate | 4.25% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2018 |
| Zoning | RT-1A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (73)
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1210 Seventh Ave
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