1949 Laforme Boulevard, Revelstoke, BC
HM Commercial Group is pleased to present this valuable opportunity to acquire an income producing multi-family complex in Revelstoke, BC. Columbia Gardens offers significant benefits, including:
List Price: $9,500,000
Cap Rate on 2016 Net Income: 8.5%
Cap Rate on 2017 Proj’d Net Income: 9.7%
The property is offered via conduct of sale through the 2nd mortgage holder. All offers must be accompanied by a Schedule A, and are subject to court approval once a Buyer has removed its conditions. The property is offered for sale on an as is where is basis.
|Municipal Address||1949 Laforme Boulevard, Revelstoke, BC|
|Legal Description||Lot A, Plan 11611, Section 33, Township 23, Range 2, KLD|
|Location||Well located in Revelstoke, just a few kms from the Downtown Core, and a few blocks from Highway 1 and the Revelstoke Golf Course.|
|Building Area||65,028 SF|
|Land Area||1.60 acres|
|Parking||101 underground parking stalls|
|Zoning||R-4, High Density Residential|
E. & O. Insurance The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.