Powell River Property Details

5580 MANSON AVE, Powell river5580 MANSON AVE, Powell river

$ 1,688,000

MLS 19040
5580 MANSON AVE
Powell river, B.C. CANADA
N/A Bedrooms
N/A Bathrooms
6198 sqft

CONTACT
Curtis Yungen,
RE/MAX Powell River
4545 Marine Avenue
Powell River, B.C.
604-483-1688

APARTMENT BUILDING INVESTMENT - Manson Manor comprises 12 large 2 bedroom apartments tucked away in a private, landscaped setting in the quiet neighborhood of Cranberry. 100% occupied to long term tenants and generating strong cash-flow this property investment offers investors a 6% cap rate. Average rents are below market levels so there is significant upside for income growth in the years ahead. Each unit has it's own laundry, hydro meter, balcony and parking space. The property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including a grocery store, shops, restaurants and senior services are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for a more info, including financials - actual and projections and to arrange a viewing. (id:25560)


15 photos for MLS 19040, 5580 MANSON AVE Powell river

Listed by brokerage : RE/MAX POWELL RIVER