Multifamily
Homeview Apartments
33654 Homeview St, Abbotsford, BC V2S 3P9
Listing Price: $3,900,000
Investment Overview
Homeview Apartments is a renovated and well-maintained, 11-unit apartment building, centrally located in the Historic Downtown of Abbotsford. 8 of the 11 units have been tastefully renovated with modern finishings, including stainless steel appliances, quartz counter tops, laminate flooring, and new cabinets and tiling. The below market rents offer investors with incredible upside upon turnover, with minimal requirement for further renovation.
Investment Highlights
- The below market rents offer investors with incredible upside upon turnover, with minimal requirement for further renovation.
- 8 of the 11 units have been tastefully renovated with modern finishings, including stainless steel appliances, quartz counter tops, laminate flooring, and new cabinets and tiling.
- Minimal operating costs as tenants pay their own utilities and the building offers limited common area space.
- Strategic location with immediate proximity to McCallum Road and South Fraser Way and a favourable designation under the Historic Downtown Neighbourhood Plan offering higher density upon redevelopment.
Exclusively Listed By
Listing Price: $3,900,000
Investment Highlights
- The below market rents offer investors with incredible upside upon turnover, with minimal requirement for further renovation.
- 8 of the 11 units have been tastefully renovated with modern finishings, including stainless steel appliances, quartz counter tops, laminate flooring, and new cabinets and tiling.
- Minimal operating costs as tenants pay their own utilities and the building offers limited common area space.
- Strategic location with immediate proximity to McCallum Road and South Fraser Way and a favourable designation under the Historic Downtown Neighbourhood Plan offering higher density upon redevelopment.
Investment Overview
Homeview Apartments is a renovated and well-maintained, 11-unit apartment building, centrally located in the Historic Downtown of Abbotsford. 8 of the 11 units have been tastefully renovated with modern finishings, including stainless steel appliances, quartz counter tops, laminate flooring, and new cabinets and tiling. The below market rents offer investors with incredible upside upon turnover, with minimal requirement for further renovation.