A well-located, prime 84-unit concrete high-rise apartment building, centrally located in New Westminster, BC. The building offers spacious suites with each suite boasting two balconies! There is major rental income upside considering the size of these units. A concrete high-rise in a prime location with significant rental upside is a rare opportunity – don’t miss out!
The subject property is centrally located on the southeast corner of EighthStreet and Princess Street. Next door is the Royal City Centre and acrossthe street is Moody Park. Downtown New Westminster is a short five-min–ute drive down Eighth Street. Here you will find the Westminster Quay,offering attractions including the Westminster Quay Boardwalk, Quay–side Park, River Market, and an abundance of shops and restaurants. TheNew Westminster SkyTrain station is also located downtown, connectingresidents to Downtown Vancouver and other municipalities in the LowerMainland via rapid transit. This central and convenient New Westminsterlocation provides tenants the convenience of having many services andamenities within steps from their front door.