- ©MLS 10386799
- Parkings 37
Description
Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:48970) Show More
Details
- Constructed Date: 1973
- Property Type: Multi-family
- Type: Multi-Family
- Neighbourhood: City of Vernon
Features
- Pets Allowed With Restrictions
- Wall unit
- Smoke Detector Only
- Baseboard heaters
Location
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Data provided by: Okanagan-Mainline Real Estate Board