Lowe Apartments is a 10 unit low rise frame apartment building located in the Middlegate neighbourhood of Burnaby. UNDER CONTRACT
The subject property is located in Burnaby on the south side of Arcola Street, one block north of Kingsway in the heart of the Middlegate Town Centre. Close to Highgate Shopping Centre.
– 2 level frame apartment with stucco exterior
– Suites feature hardwood floors
– 8 surface parking
– 10 lockers
– Original plumbing in good condition
– Torch-on roof (approx. 9 years)
– Appliances replaced (approx. 10 years)
– 1 washer/1 dryer (new washer ordered)
– 2 hot water tanks
– Super Hot furnace
Rent Roll & Statements
For a rent roll and statement, download the PDF file above. Note that the rents are well below market averages.
|1 Bedroom||No. units5|
|2 Bedroom||No. units3|
|Financing||Treat as clear title.|
|Income and expenses|
Net operating income
|Notes||Annualized as of January 2008|
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.