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The Marresse

634 Twelfth Street, New Westminster

Apartment Building
14 Suites

SOLD $1,740,000

Overview

The Marrese is a wood frame 14-suite low-rise apartment building in superb condition centrally located in New Westminster. The entire building has undergone an extensive renovation program including suites and common areas. The subject also features two penthouse suites, covered parking, storage lockers, views of the Fraser River, and electric heat (paid by tenants). Actively managed by the owner together with a part-time caretaker, the property has a very good mix of tenants and enjoys a reputation of being “quiet”.

Executive Summary

For a detailed information package including a rent roll and financial statement, download The Marresse Executive Summary.

Summary

Price$1,849,000
Sale Price$1,740,000
Sale Date01/01/2009

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