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Royal LePage
Royal LePage
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$2,550,000

Vernon BC, V1T 1L9

MLS® # 10350879

Property Information:

14 separately titled strata properties in 2 separate and twin buildings each of 7 units. Terrific opportunity for a private investor, or a fabulous opportunity for a charity or non profit organization looking for multiple units in a single location. Currently fully occupied and rented. Each of the 14 units is individually owned and presently 1 owner can negotiate and sign for all units. At this time the Seller will not entertain sales of single individual units but may consider selling just one of the buildings, or the sale of a ""block"" of units. As each unit has separate rental amounts, strata fees, taxes etc providing 1 statement is difficult and we are still waiting on some information to provide a complete pro-forma, balance sheet and income statement. Good location, property is flat, fully useable, has creek at the rear, on the bus route and convenient to all that Vernon has to offer. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market'. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 or 3 bedroom units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. More info on our web site but call for more info or to arrange a viewing. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Exterior Finish: Vinyl siding
  • Flooring Type: Flooring Type
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Strata
  • Property Type: Multi-family
  • Built in: 1997
  • Features: Balcony
  • MaintenanceFee Type: Insurance, Property Management, Other, See Remarks, Waste Removal, Water
  • Storage Type: Storage, Locker
  • Surface Water: Creeks
  • WaterFront Type: Waterfront on creek
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX Vernon

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 3710-3712 24 Avenue, Vernon, British Columbia, V1T 1L9

Demographic Information of 3710-3712 24 Avenue, Vernon, British Columbia, V1T 1L9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,251.08

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.74 %

High school certificate or equivalent

36.15 %

Apprenticeship trade certificate/diploma

7.76 %

College/non-university certificate

21.78 %

University certificate (below bachelor)

0.27 %

University Degree

6.31 %

Commuter

Travel To Work

By Car

80.18 %

By Public Transit

0.07 %

By Walking

12.81 %

By Bicycle

1.23 %

By Other Methods

5.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.49 %

Houses

39.51 %

Own Vs. Rent

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