Multi-family for sale
11682 224 Street, East Central, Maple Ridge
$6,999,968
Features
Year Built
1973
Floor Area
9,500 sqft
Lot Size
8,843 sqft
Gross Property Tax
$22,333 /year
Building Type
See Realtor Remarks
Zoning
RM-2
Suite Mix Information
16 x 1 ½, 5 x 2 ½
Total no. of Units
21
Description
INVESTORS ALERT! 'MARINER'S WATCH' - 21 Unit Apartment Building Fully renovated 19 units out of the 21. CMHC assumable loan in place!!! NOI just under $345,000. The Property is ideally located in central Maple Ridge in an amenity-rich and employment-centric neighbourhood offering an investor stable cash flow in a supply-constrained market. 16 - 1 bedroom units & 5 - 2 bedroom units available. BONUS- ASSUMABLE EXISTING CMHC LOAN IN PLACE $6,402,611
MLS® Number C8056056