Grand Forks Commercial for sale: Hallmark Apartments (Listed 2008-02-28)

• Email This Property
• Feature Sheet
• Mortgage Calculator
• Schedule a Visit

• Property Value$795,000
• Property Address7463 6th Street, Hallmark Apartments, Grand Forks, BC, V0H 1H0, Canada
• TypeCommercial
• StyleMulti-Family
• BasementYes
• ParkingCarport
• Year Built1962
• Est. Property Tax3087.00

• Lot Frontage182 ft
• Lot Depth132 ft
• Lot Size Area0.57 sq.ft.

Address

7463 6th Street, Hallmark Apartments, Grand Forks, BC, V0H 1H0, Canada

Description

INVESTORS!
This 12 unit apartment building is located in downtown Grand Forks, BC. It runs a 6.8% CAP rate, and 0% vacancy rate.

Included in this price is an extra lot 60'x 132', also zoned R3. Water and sewer hook up to this lot have been pre-paid.

The building has a new roof (metal shingles), vinyl siding & windows, and a new furnace. All 12 apartment units have new appliances.

A three bedroom caretaker's suite is located on the ground level and has covered parking.

Features

This lucrative investment opportunity is situated on a level .569 acre corner lot with lane access and ample visitor parking.
It is serviced by City sewer & water, Terasen Gas and Shaw cablevision.
Laundry facilities and storage units are located within the building.

Amenities

Hallmark Apartments is centrally located and is one block off Hwy 3.
Tenants can walk to all the amenities of downtown Grand Forks.
Close to recreation centre, golfing and skiing.

Call us today, we'll be glad to answer any questions you may have!
Information package is available.

Listing Provided By

Grand Forks Realty MLS#K3700657