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575 Wade Av E

18 Unit Block of Flats £3,753,632 (£208,535/Unit) Penticton, BC V2A 1T2

Block of Flats British Columbia Penticton 575 Wade Av E, Penticton, BC V2A 1T2

Investment Highlights

  • Purpose rental building
  • Reserved tenant parking
  • Elevator accessible

Executive Summary

Lexington Place is in excellent condition and has recently undergone over $500k in renovations. It is a 23,408 SF 3-storey apartment building with 6 units per floor for a total of 18 rental units built over a part grade level basement and more than ample parking area. The building was vacated for the major renovation and all units have recently been leased up at market rents. The suites are larger than typical rental units in the market which has resulted in the building achieving top of the market 2024 rents throughout. Common areas include but are not limited to, entrance with mail room, storage room, kitchenette, workshop, 12 tenant storage lockers and an electrical room.

Attachments

Brochure

Property Facts

Price £3,753,632 Apartment Style Low Rise
Price Per Unit £208,535 Building Class C
Sale Type Investment Lot Size 0.51 AC
No. Units 18 Building Size 23,408 SF
Property Type Residential Number of Floors 3
Property Subtype Apartment Year Built 1996
Price £3,753,632
Price Per Unit £208,535
Sale Type Investment
No. Units 18
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.51 AC
Building Size 23,408 SF
Number of Floors 3
Year Built 1996

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Basement

Site Amenities

  • Basketball Court

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 9 - -
1 of 1
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(250) 870-3025

  • Listing ID: 33040971

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 575 Wade Av E, Penticton, BC V2A 1T2

The Residential Property at 575 Wade Av E, Penticton, BC V2A 1T2 is currently available For Sale. Contact Colliers for more information.

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© 2024 CoStar Group

575 Wade Av E
(250) 870-3025 x

575 Wade Av E

Jack Shabbits

(250) 870-3025

(250) 870-3025

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