$ 1,950,000 173 Wade Avenue West

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Penticton
Property Type: Other
MLS® Number: 10370908
Listing Status: Active
List Price: $ 1,950,000

0 BR / 0 BA Other – Penticton

This exceptional investment opportunity features a 16-unit apartment building, with a new roof at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $825,000. Combined both properties for $2,775,000. 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:6769)

Construction Info


Rooms Dimension

Listing Agent:

Bill Raine
(250) 870-6210

Brokerage:

Coldwell Banker Horizon Realty
(250) 768-8001
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