Multi Family in New Westminster

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304 THIRD Avenue
Queens Park New Westminster V3L 1M3

$6,700,000
Multi-Family Commercial

Main Photo: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 1: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 2: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 3: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 4: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 5: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 6: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 7: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 8: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 9: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 10: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 11: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 12: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 13: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Photo 14: 304 THIRD Avenue in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8060311
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8060311
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Maple Manor, an extensively renovated multifamily asset with excellent annual income located in New Westminster’s desirable Queen’s Park neighbourhoood. All suites have been fully renovated to a condo-quality finish, all with in-suite dishwashers and laundry, and fully renovated kitchens and bathrooms. 70% of the units are two and three bedroom suites. The building has undergone significant capital improvements, including a new IBC boiler and dual hot water tanks, double glazed windows, updated breaker panels in all suites, new torch on layer on the roof and an 8-camera security system.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
# of Appartments:
17
# of Bachelor Appartments:
2
# of 1 Bedroom Appartments:
3
# of 2 Bedroom Appartments:
11
# of 3 Bedroom Appartments:
1
Total Floor Area:
8,712 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Lot Area:
8,712 sq. ft.
Lot Depth:
0
Lot Frontage:
0'
Land Use/Zoning:
RS-4
Taxes:
$20,171 / 2023
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by Marcus & Millichap
Data was last updated October 10, 2024 at 07:05 PM (UTC)
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