1211 Front Street, Revelstoke, BC
HM Commercial Group is pleased to present this valuable opportunity to acquire an income producing multi-family building in Revelstoke, BC. Rivers Edge offers significant benefits, including:
List Price: $5,850,000
Price/Door: $132,955
Theorized Renovation Budget: $300,000
Cap Rate on 2017 Proj’d Net Income: 8.28%
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 | 1211 Front Street, Revelstoke, BC |
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Legal Description | Parcel B (Sec L6349) of Plan 9504, Block 5, Section 34, Township 23, Range 2, KLD |
PID | 010-421-084 |
Location | Well located in Revelstoke, just a short distance from the Downtown Core, overlooking the river with fantastic views. |
Building Area | 33,639 SF |
Land Area | 0.76 acres |
Parking | 68 underground parking stalls |
Zoning | R-4, High Density Residential |
Taxes | $22,676 (2017) |
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.
Direct: 250.712.3130
Fax: 250.860.1600
info@hmcommercial.com
2700 Richter St. Kelowna, BC V1Y 2R5