2172 MCKENZIE Road, Abbotsford, British Columbia V2S3Z8

Property Description

Exceptionally rare opportunity to acquire a 10-unit apartment building in Abbotsford. Properties of this size and quality are seldom available, making this a compelling offering for investors seeking stable income with future upside. The building features a diverse and functional unit mix consisting of 1-bedroom, 1 bedroom+den, and 2 bedroom suites, appealing to a broad tenant base. Current rents are strong, with an additional upside through future rental increases, offering the potential to enhance long-term cash flow. Major capital improvements have already been completed, including a new roof installed in 2024, along with building envelope and fascia upgrades completed in Summer 2025, significantly reducing near-term capital expenditures. Located in a high-demand rental area of Abbotsford, this property represents an ideal opportunity for investors seeking a well-maintained multi-family asset with value-add potential. (id:5764)