Property Overview
-
Status
Sold -
Address
Maryon Manor
1035 Howie Avenue
Coquitlam, BC
Canada -
Neighbourhood
Coquitlam -
# of Units
42 -
Year Built
1971 -
Lot Size
26,520 SQFT -
Zoning
RM-2 -
Price
Please Contact Listing Agents -
SOLD
A premier rental apartment building centrally located in the heart of Coquitlam, where an asset in this class and scale is rarely offered to the market. Maryon Manor has had over $1,100,000 recently invested in capital improvements, including 69% of the residential units being completely renovated to a superior finish which lends exceptional curb appeal, attracts a higher caliber of rental tenants and subsequently gives the property distinct leasing advantages over other rental properties in the tri-city area. Investors are also given the opportunity to focus future capital expenditure on the remaining unrenovated units to capitalize on the proven revenue and investment yield growth.