190 Carson Crescent
Kamloops, British Columbia
MLS® 10400818
$4,500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 10400818
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1969
1 / 49Listing description
190-200 Carson Crescent is a 22-unit apartment building comprised of 12 two-bedroom units and 10 one-bedroom units all with their own hydro meters, electric baseboard heat and electric hot water tanks in each unit. The building sits on a corner lot and is approx. 19,882 sq ft.
There have been lots of updates to the building such as; All units sliding glass doors and windows replaced in 2018, All 16 balconies railings and surfaces have been replaced, 12 units have new kitchens/updates: 15 units have new bathtubs, two of the units need some updating but the remaining 20 units are in good clean condition. Roof Jack's and venting penetrations were redone in 2018. There is an upside opportunity here as some of the units are not at market rent, and of course the two bedrooms units make for a good mix.
Good solid NOI and cashflow make for a good investment in this well maintained building. Cap rate is 5. 43 % on the list price.
Property summary
- MLS® number
- 10400818
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 0.46 acres
- Built in
- 1969
- Annual property taxes
- $22,520.61
- Days on market
- 2 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
What would this home cost you?
Based on the $4,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX Kamloops, Kamloops.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.