200-220 Nickel Road,

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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:4069)

200-220 Nickel Road,
Multi-family
Row / Townhouse
$8,900,000
British Columbia
Kelowna
10220465
RE/MAX Kelowna
2018
0.83
V1X0A5
Shopping, Schools, Public Transit

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Deb Stinson RE/Max Kelowna - Westside Phone: (250) 768-3339 Mobile: (250) 859-0532
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