325 Ash St | New Westminster, BC V3M 3M8
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325 Ash St
New Westminster, BC V3M 3M8
Magnolia Manor · Multifamily Property For Sale · 27 Units
Executive Summary
PRICE REDUCED
FOR SALE | 27-Unit Apartment Building on Large 20,797 SF Lot
NAI Apartments is pleased to offer the opportunity to acquire a 17-unit apartment building.
Investment Highlights and Building Upgrades
• Coveted Location: Close to schools, parks and Trout Lake.
• Recent Improvements: New windows, recently painted exterior and common areas. Updated plumbing. New hot water tanks.
FOR SALE | 27-Unit Apartment Building on Large 20,797 SF Lot
NAI Apartments is pleased to offer the opportunity to acquire a 17-unit apartment building.
Investment Highlights and Building Upgrades
• Coveted Location: Close to schools, parks and Trout Lake.
• Recent Improvements: New windows, recently painted exterior and common areas. Updated plumbing. New hot water tanks.
PROPERTY FACTS
| Price Per Unit | $258,519 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.48 AC |
| Cap Rate | 2.89% | Building Size | 27,000 SF |
| No. Units | 27 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 0.88/1,000 SF |
| Apartment Style | Low Rise |
| Price Per Unit | $258,519 CAD |
| Sale Type | Investment |
| Cap Rate | 2.89% |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 27,000 SF |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 0.88/1,000 SF |
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