$1,750,000
727 Fourth Avenue
GlenBrooke North, New Westminster
8 Bed |
10 Bath |
4,000 sqft
About this House
in GlenBrooke North, New Westminster
8,154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing a path to redevelopment in addition to value-add potential.
Listed by Macdonald Commercial Real Estate Services Ltd..
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