309 Lewis Drive, Quesnel

Sold for $780,000

$780,000

Sale Price

20

Apartment Units

1996

Year Built

8.50%

Cap Rate

DESCRIPTION

Sold apartment building at 309 Lewis Drive, Quesnel.

Stunning creek-side location for this recently updated cash-flow apartment building. Built in 1996, the building contains 20 suites plus 3 unauthorized housekeeping units. Unauthorized units are currently used for equipment storage.

Owner-developed building has been cared for by the builder himself for the past 20 years.

•  New Roof, Asphalt Parking Area, Hallway and Exterior Paint Repaired in 2015

• Beautiful Outlook onto Baker Creek

• Five New Legal Suites for a Total of 20 Legal Units

• In-Floor Radiant Heating System

• Newest Building in Quesnel at just 20 Years of Age

SPECIFICATIONS

Property Type · Apartment Building
Price Per Unit · $39,000
Lot Size · 17,990 Sq Ft
Storeys · 3
Rentable Area · 15,000 Sq Ft
Parking · 20 Paved Surface Parking Spaces

LOCATION

309 Lewis Drive
Quesnel BC V2J 1K1

Legal Description
Lot 2 Plan PGP39945 District Lot 703 Land District 05 Except Plan EPP54037

PID
023-393-696

Assessed Value (2019)
$1,021,700