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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.

PROPERTY FACTS

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
  • Listing ID: 33156586

  • Date on Market: 2024-09-12

  • Last Updated:

  • Address: 325 Ash St, New Westminster, BC V3M 3M8

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