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8650 Cinnamon Dr - MOUNTAINSIDE VILLAGE
967 SF Retail Unit Offered at £365,620 in Burnaby, BC V5A 4H7
PROPERTY FACTS
| Price | £365,620 | Sale Type | Investment |
| Unit Size | 967 SF | Building Class | C |
| No. Units | 1 | Number of Floors | 2 |
| Total Building Size | 5,306 SF | Typical Floor Size | 2,335 SF |
| Property Type | Multifamily (Unit) | Year Built | 1984 |
| Property Subtype | Apartment |
| Price | £365,620 |
| Unit Size | 967 SF |
| No. Units | 1 |
| Total Building Size | 5,306 SF |
| Property Type | Multifamily (Unit) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 2 |
| Typical Floor Size | 2,335 SF |
| Year Built | 1984 |
1 UNIT AVAILABLE
Unit 34
| Unit Size | 967 SF | Sale Type | Investment |
| Price | £365,620 | Net Initial Yield | 5.40% |
| Price Per SF | £378.10 | NOI | £19,743.47 |
| Unit Use | Retail |
| Unit Size | 967 SF |
| Price | £365,620 |
| Price Per SF | £378.10 |
| Unit Use | Retail |
| Sale Type | Investment |
| Net Initial Yield | 5.40% |
| NOI | £19,743.47 |
DESCRIPTION
Presenting a lucrative investment opportunity with stable cashflow and a +5.30% CAP rate. This hands-off asset features a well-established pizza tenant with a recently renewed lease, ensuring steady income for astute investors.
SALE NOTES
Presenting a lucrative investment opportunity with stable cashflow and a +5.30% CAP rate. This hands-off asset features a well-established pizza tenant with a recently renewed lease, ensuring steady income for astute investors.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
ZONING
| Zoning Code | CDC1 |
| CDC1 |
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8650 Cinnamon Dr - MOUNTAINSIDE VILLAGE
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