1010 8 Av | Valemount, BC V0E 2Z0
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1010 8 Av
Valemount, BC V0E 2Z0
Residential Property For Sale · 12 Units
Executive Summary
Opportunity to purchase this solid 12-unit building with good quality tenants and well-managed by a property manager. The building is in an excellent location near schools, transit, and shopping.
• Tenants pay own utilities
• 2 sets of coin-op washer/dryers for the tenants’ use
• Recent improvements include exterior paint update to the balconies and window trims
• 2 units were renovated:
#201 - repaint, new fridge, range hood, kitchen counter
#203 - new fridge, kitchen counter, patio door and one bedroom window was replaced
• Minor landscaping done to remove some unhealthy shrubbery and replace with a small flower area
• All water tanks were assessed & replaced where needed, all baseboard heaters were replaced in the last 5 years
• Tenants pay own utilities
• 2 sets of coin-op washer/dryers for the tenants’ use
• Recent improvements include exterior paint update to the balconies and window trims
• 2 units were renovated:
#201 - repaint, new fridge, range hood, kitchen counter
#203 - new fridge, kitchen counter, patio door and one bedroom window was replaced
• Minor landscaping done to remove some unhealthy shrubbery and replace with a small flower area
• All water tanks were assessed & replaced where needed, all baseboard heaters were replaced in the last 5 years
PROPERTY FACTS
| Price Per Unit | £45,675 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Net Initial Yield | 7.41% | Lot Size | 0.29 AC |
| No. Units | 12 | Building Size | 15,744 SF |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1979 |
| Price Per Unit | £45,675 |
| Sale Type | Investment |
| Net Initial Yield | 7.41% |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 15,744 SF |
| Number of Floors | 2 |
| Year Built | 1979 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
zoning
| Zoning Code | Rural 2 |
| Rural 2 |
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