Overview
The subject property is a 30-suite wood frame apartment building located in Mission, BC. Features 30 underground secured parking, elevator, balconies, new roof, cable TV and electric heat.
Location
The subject property is located on the S.E. corner of Cedar Street and 14th Avenue in the City of Mission. Close proximity to Downtown Mission, parks and university.
Improvements
– Three level wood frame construction with elevator service
– 30 secure underground parking
– 15 outside parking
– 2 washers/2 dryers leased
– Tenants pay electric baseboard heat
– Hot water tanks in each suite
– Cable TV included in rent
– Landscaped with various trees and shrubbery
– New 60 Weight Roof with 40 year life & 25 year warranty
– Roof in final stages of completion
– Building requires attention to some balconies, hallway carpets, interior/exterior painting and suite upgrades
Suite mix
| No. units | Size range | |
|---|---|---|
| One Bedroom | No. units7 | Size range600 - 650 |
| Two Bedroom | No. units23 | Size range936 - 996 |
Financials
| Financing | Treat as clear title. | |
|---|---|---|
| Assessment 2007 | Land Building Total | Land$390,000 Building$1,428,000 Total$1,818,000 |
| Taxes 2006 | $26,440.57 | |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Gallery
