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Abbotsford,BC V0V 0V0
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069442
Year Built 1962
Lot Size 7,840 Sqft
Property Sub-Type Multi Family
Property Description
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire a tastefully renovated and immaculately maintained, 11-unit apartment building, centrally located in the Historic Downtown of Abbotsford. With 8 of the 11 units having been renovated to condo quality, the opportunity offers investors incredible upside on the current below market rents, with minimal requirement for further renovation upon turnover. The strategic and central location provides immediate proximity to McCallum Road and South Fraser Way and a favourable designation under the Historic Downtown Neighbourhood Plan for medium density, mixed-use redevelopment.
Location
Province BC
Community Central Abbotsford
Area Abbotsford
Zoning RML
Interior
Heating Baseboard,Electric
Cooling Electric
Exterior
Roof Type Torch On
Total Parking Spaces 3
Building
Story 2
Sewer Public Sewer
Water Public
Others
Ownership Freehold