New property listed in Penticton

I have listed a new property at 634 WESTMINSTER AVE W in Penticton.
A stress-free investment awaits. This brand new 12 unit apartment building is listed at a 4.2% cap rate based on a pro-forma. The suites are all 2 bedroom / 2 bathroom corner units with storage areas and decks or patios and boast higher end finishing than regular rental units. Heat is electric with separate meters, each unit has in suite laundry. All demising interior walls are sound-proofed, exterior finishing is metal clad and low maintenance concrete board. The entire building is sprinklered and there is an elevator. Located close to the city centre, the lake, the community centre and the casino. Completion approx. end of September. Please contact listing realtors for a list of finishings and floorplans. (id:2493)
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