45699 Patten Ave - Apartments FOR SALE


Chilliwack, BC V2P 1S3- Abbotsford/Chilliwack
$4,800,000 CAD
236-804-0576
45699 Patten Ave, Chilliwack, BC for Sale
$4,800,000 CAD
Apartments - FOR SALE
1/7
null | 4.32% Cap Rate

45699 Patten Ave
Chilliwack, BC V2P 1S3
Abbotsford/Chilliwack


OVERVIEW

Macdonald Commercial is pleased to present a unique opportunity to acquire a well-located, prime 22-unit rental apartment building in Downtown Chilliwack, BC. The building offers a spacious and good mix of one- and two-bedroom suites, with most of the suites boasting a balcony or patio. PROPERTY HIGHLIGHTS » Well-maintained building with recent upgrades » Close proximity to downtown core » Walking distance to shopping, leisure centre, and schools » Potential upside in income » R6 zoning – high-density multifamily

FOR SALE DETAILS

PRICE

$4,800,000 CAD

PRICE/SF

$192 CAD /SF

# OF UNITS

22

PRICE/UNIT

$218,182

CAP RATE

4.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

R6

APN/PARCEL ID

008-981-698

ASK ABOUT THIS PROPERTY

Razi MohamedMacdonald CommercialMore Info
236-804-0576

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Razi MohamedMacdonald CommercialMore Info
236-804-0576

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.