Multi-family assembly. 17 plex of townhomes, a single family home and another single family home with legal suite. A mature assembly of properties with an estimated $400,000 in surplus land for development in Rutland. Walking distance to Hwy 97N, Costco, Walmart, Public schools and public transit. Significant capital upgrades to buildings including new roof on all buildings (last 7 years) CAP rate of 5.32% if full $400,000 allocated towards surplus land (5.0% if only $135,000 allocated towards surplus land). Do not enter the property or approach tenants. Contact listing broker for a showing. (11986362)
Property Type
Multi-family
Building Type
Multi-Family
Land Size
2 ac|1 - 5 acres
Time on REALTOR.ca
3476 days
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