8621 CEDAR AVE

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8621 CEDAR AVE, Summerland

Great return on investment on multiple properties that are showing an excellent return creating a 5.95% cap rate. This opportunity is comprised of four single family homes with legal rental suites, all built between 2017 and 2019 and still protected by the 2/5/10 new home warranty. All four homes have individual titles, and can be purchased as a package or individually. With 100% occupancy this package will generate $16,400 per month, or $196,800 annual gross income in an extremely safe investment. Property addresses are 8621 Cedar Ave, 8778 and 8738 Palmer Place, and 9457 Alder Street, Summerland, BC. Full package available, call listing agent for details. (id:16512)

Property Overview

Summerland
8621 CEDAR AVE, Summerland
British Columbia
V0H1Z2
180670
3050000

Property Specifications

New
false
Mon, 07 Oct 2019 21:18:46 GMT

Building Features

Natural gas
Municipal water

Agent Info

ROYAL LEPAGE LOCATIONS WEST

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