Multi-family for sale
5662 Hightide Avenue, Sechelt District, Sechelt
$4,000,000
Features
Year Built
1987
Floor Area
23,633 sqft
Lot Size
23,633 sqft
Gross Property Tax
$34,090.11 /year
Building Type
Low Rise (2-4 storeys)
Zoning
R-4
Suite Mix Information
1 x Bachelor/Studio, 20 x 2 ½
Total no. of Units
21
Description
Introducing Inlet Apartments---a rare investment opportunity located just four blocks from Sechelt’s vibrant town center. This well-maintained, 21-unit building, built in 1987 on three city lots, offers 20 spacious two-bedroom units and 1 studio, with free parking and convenient access to major retail, hospitals, and schools. With a live-in manager ensuring regular upkeep and renovations during tenant turnover, this property offers significant upside potential, boasting a 75% gap to market rents. Additional value-add opportunities through strategic capex investments make Inlet Apartments a compelling prospect for savvy investors looking to capitalize on Sechelt's growth.
MLS® Number C8063748