329 Seventh Street

NAI Apartments is pleased to offer the opportunity to acquire a 21-unit apartment building in New Westminster on Seventh Street, between Fourth Avenue and Blackford Street. The St. Michelle building is professionally managed and has undergone several renovations throughout recent years totalling over $300,000.

Suite Mix:

Studio 4

1-Bedroom 17

Total 21

Investment Highlights and Building Upgrades

• Full suite renovations

• Exterior refurbishment and painting

• Lobby renovation

• Breaker panels in each suite

• Energy efficient lighting throughout building common areas & suites

• Landscaping

• New appliances in renovated suites

Suite Renovations - St. Michelle has implemented its suite renovation program on 14 out of 21 suites (67% of total suites). The purchaser has an opportunity to renovate the balance of 7 suites.