$ 2,500,000 –
173 Wade Avenue West
Listing Info
Area: |
Penticton |
Property Type: |
Other |
MLS® Number: |
10360834 |
Listing Status: |
Active |
List Price: |
$ 2,500,000 |
0 BR / 0 BA Other – Penticton
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:6769)
Listing Agent:
Bill Raine
(250) 870-6210
Brokerage:
Coldwell Banker Horizon Realty
(250) 768-8001