• 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
  • 8621 CEDAR AVE
8621 CEDAR AVE, Summerland, British Columbia, V0H1Z2
Property TypeMulti-family

Great return on investment on multiple properties that are showing an excellent return creating a 5.95% cap rate. This opportunity is comprised of four single family homes with legal rental suites, all built between 2017 and 2019 and still protected by the 2/5/10 new home warranty. All four homes have individual titles, and can be purchased as a package or individually. With 100% occupancy this package will generate $16,400 per month, or $196,800 annual gross income in an extremely safe investment. Property addresses are 8621 Cedar Ave, 8778 and 8738 Palmer Place, and 9457 Alder Street, Summerland, BC. Full package available, call listing agent for details. (id:15888)


Business
Business TypeResidential Business Sub TypeApartments
Details
Amenities NearbyRecreation, Schools FeaturesCentral location
TransactionFor sale ViewMountain view
Building
Construction MaterialWood frame Heating FuelNatural gas
HeatingForced air Utility PowerSingle Phase
Utility WaterMunicipal water
Land
AmenitiesRecreation, Schools SewerMunicipal sewage system

Listing Office: ROYAL LEPAGE LOCATIONS WEST

Data Provided by South Okanagan Real Estate Board

Last Modified :07/10/2019 04:18:46 PM

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