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  • 5580 MANSON AVE in Powell River: Multi-family for sale : MLS®# 19040

    5580 MANSON AVE Powell River
    Main Photo: 5580 MANSON AVE in Powell River: Multi-family for sale : MLS®# 19040

    5580 MANSON AVE Powell River

    $1,688,000
    Multi-family
    Status:
    Active
    MLS® Num:
    19040
    Floor Area:
    6,198 sq. ft.
    APARTMENT BUILDING INVESTMENT - Manson Manor comprises 12 large 2 bedroom apartments tucked away in a private, landscaped setting in the quiet neighborhood of Cranberry. 100% occupied to long term tenants and generating strong cash-flow this property investment offers investors a 6% cap rate. Average rents are below market levels so there is significant upside for income growth in the years ahead. Each unit has it's own laundry, hydro meter, balcony and parking space. The property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including a grocery store, shops, restaurants and senior services are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for a more info, including financials - actual and projections and to arrange a viewing. (id:2493) More details
    Listed by ROYAL LEPAGE POWELL RIVER
    LISTING DETAILS
    NICK BODIE
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Data was last updated December 16, 2025 at 05:15 AM (UTC)
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