Log In/Sign Up
Your email has been sent.
Liqwel Apartments 46120 Thomas Rd 4 Unit Apartment Building $2,283,946 USD ($570,986 USD/Unit) 4.49% Cap Rate Chilliwack, BC V2R 6H3
Investment Highlights
- Fully leased 4-townhome block with 8 income suites
- 99-year prepaid leasehold with 103 years remaining
- Modern design with stainless steel appliances and 9-ft ceilings
- Prime location near retail, schools, and Highway 1
Executive Summary
Fully leased 4-townhome block in the Base 10 Community in Chilliwack, BC. Each townhome features 4 bedrooms and 4 bathrooms ranging from 2,072 to 2,090 sq. ft in size. The units offer a 3-bed, 3-bath suite upstairs and a separate, legal 1-bed, 1 bath suite downstairs, for a total of 8 leasable suites. The property is low maintenance and worry free as the townhomes are under warranty for 5 and 10 years.
The townhomes are built on a 99- year prepaid lease hold interest and are exempt from the authority of the Residential Tenancy Branch. There are 103 years left on the head lease. Each townhome can be sold individually as well. Units are leased to stable tenants and currently generate strong income, with the potential for growth upon turnover.
The townhomes are built on a 99- year prepaid lease hold interest and are exempt from the authority of the Residential Tenancy Branch. There are 103 years left on the head lease. Each townhome can be sold individually as well. Units are leased to stable tenants and currently generate strong income, with the potential for growth upon turnover.
Property Facts
| Price | $2,283,946 USD | Apartment Style | Mid-Rise |
| Price Per Unit | $570,986 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 28.67 AC |
| Cap Rate | 4.49% | Building Size | 252,352 SF |
| No. Units | 4 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 0.78/1,000 SF |
| Price | $2,283,946 USD |
| Price Per Unit | $570,986 USD |
| Sale Type | Investment |
| Cap Rate | 4.49% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 28.67 AC |
| Building Size | 252,352 SF |
| No. Stories | 6 |
| Year Built | 2025 |
| Parking Ratio | 0.78/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Playground
- Security System
- Tenant Controlled HVAC
- Grill
- Package Service
- Roof Terrace
- Car Charging Station
- Elevator
- Public Transportation
- Key Fob Entry
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | - | 2,072 - 2,090 |
1 1
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Liqwel Apartments | 46120 Thomas Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.