Hilltop Manor

4001 34A Street, Vernon, BC

Property Description

HM Commercial Group is pleased to present this valuable opportunity for a fully rented 60 unit apartment building in Vernon.

Numerous benefits:

Beautifully restored and updated (more than $950,000 in upgrades in past 4 years)
Average gross rent is only $1.31/SF per month (huge upside potential)
Opportunity to convert some common areas into rentable space
Covered and secured parking garage provides added value for tenants & owner
Surplus land to build additional rental units
On-site Building Manager
Title held by bare trustee company
Elevator serviced
On-site laundry
25 cameras for added security

Municipal Address	4001 34A Street, Vernon, BC
Legal Description	Lot A Plan KAP28535 Section 3 Township 8 Land District 41 Except Plan M14466 ODYD
PID	004-529-642
Location	Hilltop Manor is situated in the heart of Vernon in a quiet residential area in close proximity to Kal Tire Place, shopping at Vernon Square, and walking distance to both elementary and secondary schools.
Building Area	60 units
Land Area	1.75 Acres / 76,230 SF
Parking	Covered and secured parking garage provides added value for tenants & owner.
Zoning	RH1, Low Rise Apartment Residential
Taxes	$36,228.98 (2019)

Property Map

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.