Charles Zhou  778-855-1110  charleszhou@remax.net

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1320 KING ALBERT Avenue in Coquitlam: Central Coquitlam Multi-Family Commercial for sale : MLS® # C8003683

1320 KING ALBERT Avenue Coquitlam V3J 1Y1 : Central Coquitlam

Main Photo: 1320 KING ALBERT Avenue in Coquitlam: Central Coquitlam Multi-Family Commercial for sale : MLS® # C8003683
$4,000,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8003683
Status:
Active
Bus Major:
Other/See Remarks
Bus Minor:
Other/See Remarks
Build. Type:
Low Rise (2-4 stories)
Offered For Sale are 50% of company shares whose primary asset is a 3 storey, 65 suite apartment building on 96,224 sq ft land. The Seller, V. Fallin, is the largest individual shareholder. Located in Austin Heights, Coquitlam, the "Lady Sharon" apartments provides a private setting with convenient access to shopping, recreational facilities, parks, schools, university and public transportation. 2017 Property Assessment is $11,082,000. Anticipated 2016 Gross Income $664,000. The building is mortgage free. Do not disturb tenants or resident manager nor walk on property. Motivated Seller.
Sale Type:
Share
Property Type:
Multi-Family Commercial
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Construction:
Concrete, Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
65
# Storeys:
3.0
Year built:
1970 (Age: 47)
Land Use/Zoning:
RM-2
Taxes:
$47,165.02 / 2017
# Elevators:
1
HVAC:
Baseboard, Common Water Heater, Hot Water
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$374,000
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by Sutton Grp-West Coast Realty
Listing information last updated on 8-May-2017 11:05 AM
CHARLES ZHOU PREC