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Sold

134 Harold Avenue

  • $910,000

Salient Details

  • Units 5
  • Suite Mix 2-1B, 2-2B, 1-CRU
  • Net Income $65,895
  • Cap Rate 7.24%

134 Harold Avenue

Mixed-use property in Princeton, BC, featuring four residential units and a high-profile BC Liquor Store tenant in a sought-after location.
134 Harold Avenue - Brochure
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McEvay Blair Multifamily Group - 134 Harold Avenue - 28 134 Harold Ave Princton 1

Investment Highlights

Strong Going-in Cap Rate
Strong going-in cap rate at 5%, with ability to increase residential rents upon turnover, and escalating rents with the Liquor Distribution Branch.
Attractive Suite Mix
Attractive suite mix with 2x2-bedrooms and 2x1-bedrooms, and a desirable government tenant with the Liquor Distribution Branch (BC Liquor Store).
Central Location
The property is centrally located in Princeton, BC, surrounded by Save-on-Foods, Shoppers Drug Mart, and additional shops and restaurants
Extensive Renovations
Historic building, which has undergone recent extensive renovations by the retail tenant, and contains a lift with dock loading at the back of the building, and additional garage storage.

Gallery

Contact us

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick