This exceptional investment opportunity features a 16-unit apartment building at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $900,000. Combined both properties for $3,400,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:4069)
Address
173 Wade Avenue W
List Price
$2,500,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
sale
Area
British Columbia
Sub-Area
Penticton
MLS® Number
10360834
Listing Brokerage
Coldwell Banker Horizon Realty
Postal Code
V2A1T7
