Apartment Property Sold

Maple Manor

2779 Maple Street

LIST PRICE FIRM DEAL
YEAR BUILT 1973
BUILDING SIZE 21 Suites
SUITE MIX 7 X One Bedroom

14 X Two Bedroom

Total = 21 Suites

NOI Contact agent for details
PRICE PER SUITE Contact agent for details
CAP RATE Contact agent for details

Schedule Appointment

The Offering

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.

Location

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.

Contact

LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com

GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com

Walk Score

Walk Score

87

Transit Score

57

Bike Score

68