5580 MANSON AVE For Sale

powell river, British Columbia
$ 1,675,000
$ 270 / Sq. Ft.
  • ©MLS 18274
  • Area 6198 sq ft

Description

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. (id:48970) Show More

Details

  • Constructed Date: 1965
  • Property Type: Multi-family

Ammenities + Nearby

  • Balconies
  • Shopping
  • Public Transit
  • Shopping
  • Public Transit

Features

  • Level lot
  • Treed
  • Adult Oriented
  • Accommodation

Location

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