Large 84 - Suite Concrete Highrise

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 Eighth Street and Princess Street. Next door is the Royal City Centre and across the street is Moody Park. Downtown New Westminster is a short five-minute drive down Eighth Street. Here you will find the Westminster Quay, offering attractions including the Westminster Quay Boardwalk, Quayside Park, River Market, and an abundance of shops and restaurants. The New Westminster SkyTrain station is also located downtown, connecting residents to Downtown Vancouver and other municipalities in the Lower Mainland via rapid transit. This central and convenient New Westminster location provides tenants the convenience of having many services and amenities within steps from their front door.