621 Eighth St - Apartments FOR SALE


New Westminster, BC V3M 3S5
$30,000,000 CAD
778-828-9763
621 Eighth St, New Westminster, BC for Sale
$30,000,000 CAD
Apartments - FOR SALE
1/5
null | 2.48% Cap Rate

621 Eighth St
New Westminster, BC V3M 3S5


OVERVIEW

A well-located, prime 84-unit concrete high-rise apartment building, centrally located in New Westminster, BC. The building offers spacious suites with each suite boasting two balconies! There is major rental income upside considering the size of these units. A concrete high-rise in a prime location with significant rental upside is a rare opportunity – don’t miss out!

FOR SALE DETAILS

PRICE

$30,000,000 CAD

PRICE/SF

$357 CAD /SF

# OF UNITS

84

PRICE/UNIT

$357,143

CAP RATE

2.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Devonshire House

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

15

YEAR BUILT

1967

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

RM4

APN/PARCEL ID

003-442-861

ASK ABOUT THIS PROPERTY

Chris WinckersMacdonald CommercialMore Info
778-828-9763

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Chris WinckersMacdonald CommercialMore Info
778-828-9763

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