173 Wade Avenue W, Penticton, British Columbia

$2,500,000

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1.00

Acre

About 173 Wade Avenue W

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:3745)

Features of 173 Wade Avenue W

Listing # 10360834
Price $2,500,000
Bathrooms 0.00
Acres 1.00
Type Other

Community Information

Address 173 Wade Avenue W
Subdivision Main North
City Penticton
Province British Columbia
Postal Code V2A1T7

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeColdwell Banker Horizon Realty

Listing Map

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