Harry Zroback Powell River Real Estate

5580 Manson Ave, Powell River Real Estate, Homes for Sale

 homes for sale - 5580 Manson Ave, Powell River |  Powell River

APARTMENT BUILDING INVESTMENT - Manson Manor comprises 12 large 2 bedroom apartments tucked away in a private, landscaped setting in the quiet neighborhood of Cranberry. 100% occupied to long term tenants and generating strong cash-flow this property investment offers investors a 6% cap rate. Average rents are below market levels so there is significant upside for income growth in the years ahead. Each unit has it's own laundry, hydro meter, balcony and parking space. The property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including a grocery store, shops, restaurants and senior services are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for a more info, including financials - actual and projections and to arrange a viewing. (id:25560)

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$1,688,000

Calculate Mortgage Payment 16 photos
  • MLS® #:19040
  • Bedrooms: 0
  • Bathrooms: 0
  • Home size: 6198 sqft
  • Lot Size: 0.82 ac
  • Date Constructed: 1965
  • Property Brokerage
    Royal Lepage Powell River

Features

Level lot, Treed

Building

More Information

Harry Zroback
RE/MAX Powell River
4545 Marine Avenue, Powell River
British Columbia, Canada V8A 2K5
"Each office independently owned & operated"
DIRECT 604-483-8333

Contact REALTOR®

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Powell River REALTOR ® Harry Zroback, RE/MAX Powell River, "Each office independently owned & operated"

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