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1210 Seventh Ave

16 Unit Apartment Building $4,286,120 USD ($267,882 USD/Unit) 4.25% Cap Rate New Westminster, BC V3M 2J7

Investment Highlights

  • Completely renovated 16-unit apartment building
  • Hands-free, high-quality investment property
  • New flooring, windows, kitchens, bathrooms, roof, and more

Executive Summary

Westview Manor is situated in the West End area of New Westminster, midblock between Twelfth and Thirteenth Street. There are many restaurants, shopping, parks and schools in the vicinity.
The building has been completely redone right into each and every unit. In addition to having washers and dryers in each suit, new flooring, windows, kitchens, bathrooms, roof, anything else you can think of has been renovated. The exterior of the building has an excellent curb appeal. This should be seen by anyone looking for a hands-free, high-quality investment property.

Attachments

1210 Seventh Ave

Property Facts

Price $4,286,120 USD
Price Per Unit $267,882 USD
Sale Type Investment
Cap Rate 4.25%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.19 AC
Building Size 12,000 SF
No. Stories 3
Year Built/Renovated 1960/2018

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 11 - -
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RT-1A
RT-1A
  • Listing ID: 30877008

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 1210 Seventh Ave, New Westminster, BC V3M 2J7

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