Tomlin Apartments presents a valuable opportunity to own a cash-flow 8 plex in popular Summerland, British Columbia. Each of the 8 units contains one bedroom & one bathroom. Every unit has own entrance to outside. There are 16 parking including 7 carports. Building is in exceptionally good condition for it's age. The asphalt roof is less than 10 years old. Electric heat & air conditioning is paid by tenants. All on separate meters. Two suites have been fully renovated & others are in solid condition. Tenants are mostly long term renters with several residing in the building for more than 10 years. Rents are slightly below market which gives new owner solid upside. Summerland vacancy rate is constantly low & the units are easy to rent.
How to Okanagan Investment Revenue Commercial Real Estate Kelowna Penticton Update Raymond MAASKE 250.878.2218 Investment Real Estate Expert
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Raymond MAASKE, is an accountant and licensed real estate broker with considerable experience in commercial and residential Real Estate. He has owned and managed a wide range of businesses and continues to build solid relationships with businesses and BUYERS & SELLERS.
Investment Real Estate Expert, TerraCorp Real Estate Services
250.878.2218 | RaymondMAASKE@gmail.com | TerraCorpRealEstateServices.com | Skype: raymond.maaske | Okanagan, British Columbia, Canada