19 unit townhouse complex built in 2019. 33,089 square feet of rentable area. Price per unit $468,000 = $269 per square foot. 4.3% cap rate. ‘0’ vacancies in the past year. Current annual income is $437,000 per year. Home warranty. Approved City of Kelowna Revitalization Tax Exemption Program, Bylaw #9561 expires in 2029. 2 storey units with basements, stainless steel appliances, fenced yards, 2 parking stalls per unit. 3 bedroom/2.5 bath units, 3 bedroom plus den/2.5 bath units, 2 bedroom/1.5 bath units & 2 bedroom plus den/2.5 bedroom units
RN - Rutland North
Carpeting/Wall-to-Wall,Other (See Remarks),Tile
Display of MLS data is deemed reliable but is not guaranteed accurate by the OMREB.
The trademarks REALTOR, REALTORS and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Listing data last updated date: 2020-12-02 22:10:02
Copyright - Okanagan Mainline Real Estate Board Cooperative Ltd. and the REALTORS Association of Okanagan. All Rights Reserved.
Listing Agent: Ryan Mayne
Brokerage: RE/MAX Kelowna