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7760 120 STREET, Surrey BC V3W 1L1 - Photo 11 / 9

$24,600,000

7760 120 STREET, Surrey BC V3W 1L1

Commercial SaleMLS# C8083607Listed by Avison Young Commercial Real Estate Services, LP

Building Size

62,482 sqft

Lot Size

61,855.2 sqft (1.42 ac)

Sub-type

Multi Family

Zoning

MR6

Year Built

1993

Description

The Avison Young Multi-Family Team is pleased to present Winsome Place, a 72-unit rental apartment building located at 7760 120th Street in Surrey's established Strawberry Hill neighbourhood. The Property comprises 70 individually strata-titled units and 2 unauthorized suites, all currently operated as rentals. Individual strata titles offer long-term ownership flexibility, including the potential for future individual unit sales. Recent upgrades to the lobby and common areas, along with average rents approximately 10% below market, provide an attractive income-generating investment opportunity with rental upside along the Scott Road corridor. For more information on this opportunity, please reach out

Location

7760 120 STREET, Surrey BC V3W 1L1

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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.