200-220 Nickel Road, Kelowna

$8,900,000

0 Beds
0 Baths
.83 Acres
0 Garages

19 unit townhouse complex built in 2019. 33,089 square feet of rentable area. Price per unit $468,000 = $269 per square foot. 4.3% cap rate. 0 vacancies in the past year. Current annual income is $437,000 per year. Home warranty. Approved City of Kelowna Revitalization Tax Exemption Program, Bylaw #9561 expires in 2029. 2 storey units with basements, stainless steel appliances, fenced yards, 2 parking stalls per unit. 3 bedroom/2.5 bath units, 3 bedroom plus den/2.5 bath units, 2 bedroom/1.5 bath units & 2 bedroom plus den/2.5 bedroom units. (id:6289)

Essential Information
Listing #10220465
Price$8,900,000
Bathrooms0.00
Acres0.83
Year Built2018
TypeMulti-family
Sub-TypeFreehold
Community Information
Address200-220 Nickel Road
SubdivisionRutland North
CityKelowna
ProvinceBritish Columbia
Postal CodeV1X0A5
Amenities
UtilitiesSewer
Amenities

Shopping, Schools, Public Transit

Interior
HeatingForced air
Exterior
RoofAsphalt shingle
Additional Information
ZoningTownhouse
Listing Details
OfficeRE/MAX Kelowna
LISTING MAP

Get directions to this property: