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102-15585 24 Ave, Surrey, BC

$485,000

Surrey BC

Details

  • $485,000
  • Size: 1,034 Sq Ft.

Excellent investment opportunity with long term steady tenancy of over 8 years. Beautifully renovated and well maintained unit. Fixtured with high end finishing, air conditioning and designer fixtures. Located on high traffic area with great street visibility, near Morgan Crossing Shopping Centre and Peninsula Village Shopping Centre. Fast growing region with plenty of new residential and commercial development, creating increased population in the area. Great returns at 4% Cap rate and steady long term tenancy. Please contact listing agent for viewing, staff are unaware of unit sale.

Size: 1034
Basic: $18.57 psf ($1600 /mth)($19,200/yr)
Op: $8.70 ($750/mth)

Price: 485,000
Cap: 4%
Price/sqft: $469

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Peter Ku

Commercial Real Estate Consultant
Mobile: (604) 710-KEYS (5397)
Fax: 1 (866) 810-7660
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