5580 Manson Ave | $1,675,000
Nicholas Bodie* Agent Photo
Nicholas
Bodie*
C. (604) 353-9468
P. (604) 485-4231
Phone Nicholas
ROYAL LEPAGE POWELL RIVER
4766 Joyce Ave.
Powell River, BC
Canada V8A 3B6

Details

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Years (35 year max)
Years



Address 5580 Manson Ave
AreaPowell River
Sub AreaPR Cranberry
State/ProvinceBritish Columbia
CountryCanada
Price$1,675,000
Property TypeBusiness w/Bldg & Land
Floor Space6198 Square Feet
Lot Size0.82 Acres
Year Built1965
Taxes $16,588
Tax Year2023
MLS® #18274

APARTMENT COMPLEX FOR SALE - 12 large 2 bedroom apartments in a private, landscaped setting in the quiet neighbourhood of Cranberry. 100% occupied to long term tenants, generating strong cash-flow. Average rents are well below market level so there's significant upside for income growth. Building has been well maintained with regular upgrades. Each unit has it's own laundry. There's ample parking and the property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including shops, restaurants and senior services, are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for financials and to arrange a viewing.

Location

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Data Source: Statistics Canada
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