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5580 MANSON AVE, Powell River
Powell River
Multi-family
$1,675,000
For sale
0 BEDS
0 BATHS
6198 sqft

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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.

General Info

18274
1965
0.82 ac

Amenities/Features

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Purchase Amount $ 1,675,000
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CITY 2 CITY REAL ESTATE SERVICES
5580 MANSON AVE, Powell River
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