Multi-family for sale
11225 240 Street, Cottonwood MR, Maple Ridge
                                            
                                            
                                            $13,500,000
                                            
                                            
                                             
                                        
                                    Features
Floor Area
        
            
                26,812 sqft
            
        
    Lot Size
        
            
                51,490 sqft
            
        
    Gross Property Tax
        
            
                $95,936.07 /year
            
        
    Building Type
        
            
                Mixed Use
            
        
    Building / Complex Name
        
            
                Maple Heights Village
            
        
    # of Elevators
        
            
                1
            
        
    Zoning
        
            
                C-1
            
        
    Suite Mix Information
        14 x 1 ½, 2 x 2 ½
    Description
                                                Maple Heights Village is a fully leased, 26,812 SF mixed-use property located in the rapidly growing Kanaka neighbourhood of Maple Ridge. Built by the reputable Double V Construction, the two-storey building includes three concrete retail units at grade and 16 wood-frame residential rental units with covered balconies above, all serviced by a central elevator. Surrounded by new development from established Lower Mainland builders, the property offers strong in-place income with upside through rent growth and tenant turnover—an excellent opportunity to invest in one of B.C.’s fastest-growing communities.
                                            
                                        MLS® Number C8071229