Vaughan Apartments

455 Vaughan St, Quesnel

Sold for $820,000

$820,000

Sale Price

12

Apartment Units

1978

Year Built

7.80%

Cap Rate

DESCRIPTION

Sold Vaughan Apartments at 455 Vaughan St, Quesnel.  

This apartment building is a clean well-maintained 12-plex in the heart of Quesnel. The property is located along Vaughan Street, northeast of the downtown in a residential commercial area.

The new City Hall is located adjacent to Vaughan Apartments to the south and southwest. Quesnel Senior Secondary School is located less than a block to the north. Helen Dickson Elementary School is located two blocks to the southwest. The downtown core begins just one block away.

The site is made up of two side by side land parcels with dimensions of 122 x 132 feet and totalling 16,104-square feet. The property has been tastefully landscaped with low maintenance trees and bushes. There is a paved parking lot on the property with a number of winter plugin units as well as guest parking.

Stable cash-flow property sold for an excellent price.

SPECIFICATIONS

Property Type · Apartment Building
Price Per Unit · $68,333
Lot Size · 16,104 Sq Ft
Rentable Area · 8,100 Sq Ft
Storeys · 3
Parking · Surface Parking

HIGHLIGHTS

• Downtown Property Close to Amenities

• Excellent Condition

• City Hall is Next Door

LOCATION

455 Vaughan Street
Quesnel BC V2J 2T3

Legal Description
Lot 11 & 12 Block 33 Plan PGP17000 District Lot COFQ Land District 05

PID
011-619-643, 011-619-651

Assessed Value (2019)
$885,000