Outstanding 'Cash Cow' investment opportunity with a worry-free, fully managed and operated property. This high-income strata hotel investment is located at the Vancouver Airport Hilton Hotel in Central Richmond, offering excellent proximity to the Canada Line, shopping malls, and restaurants. With net operating income of $28,400 in 2024, this property is an exceptional investment. The owner is only responsible for the property taxes of $1376.57 in 2024.
Address
806 - 5911 Minoru Boulevard
List Price
$269,000
Property Type
Residential
Type of Dwelling
Apartment/Condo
Structure Type
Multi Family, Residential Attached
Area
Richmond
Sub-Area
Brighouse
Bedrooms
1
Bathrooms
1
Floor Area
437 Sq. Ft.
Main Floor Area
437
Total Building Area
437
Common Walls
No One Above
Year Built
1999
Maint. Fee
$252.86
MLS® Number
R2989633
Listing Brokerage
1NE Collective Realty Inc.
Basement Area
None
Postal Code
V6X 4C7
Zoning
CDT-1
Ownership
Freehold Strata
Parking
None
Tax Amount
$1,376.57
Tax Year
2024
Pets
Yes With Restrictions
Site Influences
No Outdoor Area, Restaurant
Accessibility Features
Wheelchair Access
Community Features
Restaurant
Exterior Features
No Outdoor Area
Interior Features
Elevator
Association
Yes
Board Or Association
Greater Vancouver
Association Amenities
Recreation Facilities, Sauna/Steam Room, Concierge, Management
Heating
Yes
Heat Type
Electric
Cooling
Yes
Cooling Features
Central Air
Pool Features
Outdoor Pool
Number Of Floors In Property
1
Subdivision Name
Hilton Hotel