5580 MANSON AVE new

Powell River,BC

$ 1688000

- Bed

- Bath

6198 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,198 sqft

Price per Sqft $272

MLS Listing ID 19040

Year Built 1965

Lot Size 0.820 Acres

Acres 0.82

Source Powell River Sunshine Coast Real Estate Board

Property Description

APARTMENT BUILDING INVESTMENT - Manson Manor comprises 12 large 2 bedroom apartments tucked away in a private, landscaped setting in the quiet neighborhood of Cranberry. 100% occupied to long term tenants and generating strong cash-flow this property investment offers investors a 6% cap rate. Average rents are below market levels so there is significant upside for income growth in the years ahead. Each unit has it's own laundry, hydro meter, balcony and parking space. The property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including a grocery store, 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 a more info, including financials - actual and projections and to arrange a viewing. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features Adult Oriented

View Y/N No

Private Pool No

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