Multi-family for sale
88 Cecil Place, 100 Mile House - Town, 100 Mile House - Town, 100 Mile House
$4,000,000
$4,000,000
Multi-family for sale
88 Cecil Place, 100 Mile House - Town, 100 Mile House - Town, 100 Mile House
Features
Year Built
Old Timer
Lot Size
544,500 sqft
Gross Property Tax
$16,877.60 /year
Building Type
Freestanding, Mobile
Zoning
R4
Suite Mix Information
7 x Bachelor/Studio, 12 x 1 ½, 7 x 2 ½, 4 x 3 ½, 5 x Other
Total no. of Units
36
Description
36 Rental units on one property!! Great central location in 100 Mile with 12.5 acres of land zoned medium density R4 thus allowing for further and future development of over 150 units! Offered at a 6% cap rate with tons of upside - owners have maintained zero vacancy for years with a waitlist for units that come available. Just a short walk from restaurants, grocery store, and all town amenities, yet tucked back in its own quiet corner making it a desirable spot to live. Confidentiality agreement required - start planning.
MLS® Number C8075636