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Gore Avenue Residence 46117 Gore Av 12 Unit Apartment Building $2,268,377 USD ($189,031 USD/Unit) Chilliwack, BC V2P 6K4
Investment Highlights
- Downtown Chilliwack location close to amenities, transit, and employment nodes
- Well-maintained multifamily asset featuring 5 two-bedroom units and 7 one-bedroom units.
- Fresh exterior paint, new sundeck railings and flooring, plus two fully renovated suites.
Executive Summary
INVESTORS ALERT- Multifamily 12 units turn key apartment building available for sale. 5- two bedrooms units and 7 -one bedroom units. All units have a large storage / den. The Property is ideally located in downtown Chilliwack in an amenity-rich and employment-centric neighborhood offering an investor stable cash flow in a supply-constrained market. The Property has been well-maintained and features numerous building and suite upgrades including FRESH PAINT EXTERIOR, New sundeck railings and flooring, two units fully renovated. The Property's current rents are below market offering a purchaser the opportunity to further increase income on natural tenant turnover.
Property Facts
| Price | $2,268,377 USD | Building Class | C |
| Price Per Unit | $189,031 USD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 6,630 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Apartment | Parking Ratio | 1.81/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - reside zoning | ||
| Price | $2,268,377 USD |
| Price Per Unit | $189,031 USD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,630 SF |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | R2 - reside zoning |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Presented by
Republique Group
Gore Avenue Residence | 46117 Gore Av
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