Average square foot calculated using Size range provided by listing agent.
Description
36 Rental units on one property!! Great central location in 100 Mile with 12.5 acres of land zoned medium density R4 thus allowing for further and future development of over 150 units! Offered at a 6% cap rate with tons of upside - owners have maintained zero vacancy for years with a waitlist for units that come available. Just a short walk from restaurants, grocery store, and all town amenities, yet tucked back in its own quiet corner making it a desirable spot to live. Confidentiality agreement required - start planning. (id:58753)Show Description