275 Clearview Crescent

$4,199,000
For Sale



Description

Acquire 100% freehold interest in a 60 unit apartment complex, well located in the Central Interior city of Williams Lake. The property consists of two buildings, one with 36 units, and one with 24 units spanning over a 3.6 acre site and is within short driving distance to all amenities in the city. The investment offers a strong return with stable cash flow and has been professionally managed and maintained by the current ownership with little anticipated capital expenditure needed in the near future.

Opportunity Highlights

  • Centrally located in Williams Lake just off the Cariboo Highway
  • Ideal suite mix with the majority 2 bedroom units
  • Professionally managed by ownership group with a local dedicated caretaker
  • Within a short drive to Lake City Secondary School, Cariboo Memorial Hospital, Save-on-Foods and Safeway, and the Cariboo Memorial Recreation Complex
  • Individual hot water tanks in each suite- tenants pay for all utilities including heat (electric baseboard) and domestic hot water
  • Low maintenance rubber, laminate, and tile flooring installed in all common area hall and stairways along with new LED lighting
  • Bathrooms and kitchens are ventilated
  • Coin operated laundry (owned by the buildings) with one laundry room in each building
  • Hallway and common area air circulation system installed for air flow throughout the buildings
  • Secure intercom systems for each building
  • Breaker panels in each suite

 

Location

275 Clearview Crescent, Williams Lake, BC

Attachments

Agent

James Blair

Vice President

+1 604 998 6055
+1 604 790 7089

Contact

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