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565 Mouse Mountain Drive

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Salient Details

  • Units 25
  • Suite Mix 4-Bachelor, 12-1 Bedroom, 9-2 Bedroom
  • Lot Size 1.47 Acres
  • Year Built 1977
  • Net Income $42,452
  • Cap Rate 6.53%

565 Mouse Mountain Drive

25-unit rental apartment building in the charming northern town of Fraser Lake.
565 Mouse Mountain Drive - Brochure
Download the Brochure
McEvay Blair Multifamily Group - 565 Mouse Mountain Drive - 1 120A0822 2

Investment Highlights

Well Maintained Units
The property features an attractive mix of suite types, with a majority of the units having received some form of renovations and upgrades including new flooring and paint. Every suite offers spacious layouts and ample storage space
Value-Add Potential
With 13 units currently sitting vacant, the property is uniquelypositioned for a huge income lift and long-term value-add potential under the right management.
Building Features
The building is reinforced with a concrete foundation, with wood frame on top and a torch on roof which was replaced in 2021. Heating is provided via electric baseboards in the units but is gas fired forced air in the common areas. Hydro is paid for by the tenants. There are individual electric hot water tanks in each suite, plus a larger tank for the shared laundry areas.
Large Lot, Great Location
The Property sits on a large 1.47 acre site, in a quiet residential pocket of town, that’s walking distance to local school and the downtown core.

Gallery

Contact us

Suvarna Sunil

Associate Director

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

Email Sunil

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

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Patrick Ferrie

Associate

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