Property Search
MLS: 10360834

173 Wade Avenue W

$2,500,000

  • 173 Wade Avenue W Penticton Photo 2
  • 173 Wade Avenue W Penticton Photo 3
  • 173 Wade Avenue W Penticton Photo 4
  • 173 Wade Avenue W Penticton Photo 5
  • 173 Wade Avenue W Penticton Photo 6

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:6770)

Investment Opportunities < 1 Acre New
Listed by Bill Raine
Coldwell Banker Horizon Realty

Share this listing

Overview

  • Price $2,500,000
  • MLS # 10360834
  • Listing Agent Bill Raine
  • Listing Office Coldwell Banker Horizon Realty

Contact an agent for more information or to set up a viewing.

Contact Us 250-717-5000