CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Maple Manor Apartments” in Abbotsford. Maple Manor is a well-maintained 3-storey 21-unite apartment building with an excellent suite mix, including: 7 one-bedroom units, and 14 spacious two-bedroom units. The building has been well-maintained with recently updated common areas, suites, and a newer roof. Current rents are below market rate, providing an excellent upside opportunity.
The “Maple Manor Apartments” is strategically located in close proximity to George Ferguson Way, and within walking distance to Abbotsford historic downtown neighbourhood and within minutes of Sevenoaks Shopping center with a host of tenant friendly amenities including: Hudson's Bay, Shoppers Drug Mart, Best Buy, CIBC, RBC, and many other shops and services. Maple Manor is surrounded by parks and lakes including: Ravine Park. Berry Park, Mill Lake Babich Park, and Horn Creek Park, offering plenty of hiking and picnic options for tenants.