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173 Wade Avenue W Penticton, British Columbia V2A 1T7

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$2,500,000

This exceptional investment opportunity features a 16-unit apartment building at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave W. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:52811)

Property Details

MLS® Number 10360834
Property Type Other
Neigbourhood Main North

Building

Type Residential Commercial Mix

Land

Acreage No
Current Use Mixed Use
Size Total Text Under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/28783359/173-wade-avenue-w-penticton-main-north