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Harrison Hot Springs multi-family building sold for $1.17M

The 12-unit property is the only single-owner rental apartment complex in the community
harrison
 
A 12-unit multi-family building in the centre of Harrison Hot Springs has sold for $1.17 million, Sutton Group West Coast Realty tells Western Investor. 
 
Cedar Springs is 4,400-square-foot building situated on a 13,600-sqaure-foot riverfront lot. All 12 units are between 350 to 400 square feet. The property is the only single-owner multi-family property in Harrison Hot Springs. 
 
The property is located at 186 Cedar Ave., Harrison Hot Springs. 
 

Breakdown: 

 
Price: $1,175,000
No. of Units: 12
Price/Unit: $97,916 
Lot Size: 13,500 SF
Property Type: Multi-family
Zoning: C3
2018 B.C. Assessment Value: $988,000
Date of Sale: 01/14/2019
City: Harrison Hot Springs 
Province: B.C. 
Name of Brokerage: Sutton Group West Coast Realty Harrison Hot Springs
 

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