Dallas Markovina PREC* - 250-870-6145

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Multifamily in Kelowna

$8,900,000.00
200-220 Nickel Road - MLS® #: 10220465
  • (72)
  • 96
  • 179
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Dallas Markovina PREC*
Contact Agent
250-870-6145

Property Type

Multifamily

Description

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

Property Details

Subarea
RN - Rutland North

Taxes
17789.71

Tax Year
2020

Lot
0.830

Year Built
2018

Water Supply
Municipal

Sewer
Sewer

Flooring
Carpeting/Wall-to-Wall,Other (See Remarks),Tile

Disclaimer:

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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