Description

INVESTOR ALERT! Are you looking for a great investment with a 9 cap rate and a $2,557 positive cash flow per month after your mortgage is paid, this building takes very little time and energy? This 12-unit building is individually stratified and each unit has its own services with natural gas and hydro. Located in a nice commercial area zoned heavy industrial and offers a decent size lot where you can drive around the entire building. The lot and layout offer a nice arrangement as there is an area for storage and/or additional parking. Long term anchor tenant in place and the roof covering has recently been upgraded and replaced. If you want your money working for you, you may want to inquire about this property. A few long term tenants including Fortis BC