Vaughan Apartments, 455 Vaughan St, Quesnel Northern BC

$820 000
MLS No: V4041045
Property type: Apartment Building
Area (Sq Ft)
8,100
Units
12
Price Per Unit
68,333
Cap Rate
7.80
GRM
9.41

Specifications

  • Land Size: 16,104 Sq Ft
  • Year Built: 1973
  • Total Return: 14.58%
  • :

Description

SOLD Vaughan Apartments, 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 totaling 16,104-square feet. The site has been tastefully landscaped with low maintenance trees and bushes. The site is gently sloped to the northeast and no drainage problems have been reported. There is a paved parking lot on the property with a number of winter plugin units as well as guest parking.

Contact the Agent

Seth Baker

Managing Broker & Owner
Phone
(778) 235-9293
Fax
(778) 650-0350
Address
119 W Pender St, Suite 104
Vancouver, BC, V6B 1S5
Combine bold entrepreneurship, incisive analysis and elite salesmanship, and you have Seth Baker. As Owner of Multifamily Real Estate Services, Seth founded his own real estate brokerage company dedicated to selling some of the world’s most valuable apartment buildings. He is a master communicator and skillful analyst. He has a diverse background with a unique combination of street smarts, business, and data technology. This background allows Seth to maintain priceless market data while building powerful relationships with multifamily investors and developers. Ask him about how to get people to agree. It’s his secret talent. Seth Baker has led an impressive career in real estate brokerage. He is personally responsible for more than $125,000,000 in real estate sales, a number that’s growing daily.  He has contributed to a number of industry organizations including LandlordBC, Vancouver Board of Trade, BC Non-Profit Housing Association, Greater Vancouver Home Builders Association and Urban Development Institute.…




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