Apartment for sale
314 40900 Tantalus Road, Tantalus, Squamish
$389,000
Features
Style
1 Storey
Year Built
2008
Floor Area
531 sqft
Amenities
Air Cond./Central, Bike Room, Elevator, Exercise Centre, In Suite Laundry, Pool; Outdoor, Shared Laundry, Swirlpool/Hot Tub, Wheelchair Access, Concierge
Bylaws Restriction
Pets Allowed W/Rest., Rentals Allowed
Property Taxes
2,883 $ (2024)
Maintenance Fees
343 $ per month
Additional Features
Air Conditioning, ClthWsh/Dryr/Frdg/Stve/DW, Dishwasher, Drapes/Window Coverings
Description
INVESTOR ALERT – An opportunity to own a fully managed revenue generating property. This one-bedroom 100% freehold strata rental unit is located within a hotel managed property with a 6.6% CAP RATE (based on 2024 revenues) and a 31% average year over year growth rate since 2020. This Executive Suites Hotel & Resort property is a successful and well-managed hotel and strata property. www.executivehotels.net/squamish-resort-hotel This unit is located on the 3rd floor facing east looking out over the community park and Mount Garibaldi, Black Tusk, Wedge Mountain, and the Tantalus Mountain Range, as well as peaks in the McBride Range and Fitzsimmons Range. Enjoy up to 70 days of personal use a year. Unit features include granite countertops and stainless-steel appliances.
MLS® Number R2976947