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For Sale Turnkey Investment Opportunity – 3411 & 3413 Cascade Rd NW

For saleMulti-familyFor Sale Turnkey Investment Opportunity – 3411 & 3413 Cascade Rd NW

Basics

  • Date added: Added 3 weeks ago
  • Category:
  • Type:
  • Bedrooms: 10
  • Bathrooms: 14
  • Half baths: 1
  • Year built: 2014

Description

  • Description:

    Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW 

    Secure Lease in Place

    Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW

    The portfolio consists of two duplex buildings, each comprising two legally separate sides.

    Building A and Building B can be sold separately.

    Building A - 3411 & 3413 Cascade Road NW

    Sold together

    Combined Annual NOI: $168,000

    Purchase Price: $2,600,000

    Building B  - 3419 & 3421 Cascade Road NW

    Sold together

    Combined Annual NOI: $168,000

    Purchase Price: $2,600,000

    Annual Rental Income: $168,000

    Lease Term: May 2030

    Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses

    Hands-Off Ownership: Minimal landlord responsibilities

    Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW

    √ Stable income

    √ Non-profit, property-tax-exempt tenant

    √ Reduced operating risk

    √ Predictable returns

    √ Low management burden

    Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW

    Stable, Recession-Resistant Income — A lease with a non-profit tenant provides dependable cash flow regardless of market fluctuations.

    Property Tax Exemption — Because the tenant is a registered non-profit, the property qualifies for property tax exemption, directly improving your net operating income.

    True Passive Ownership — Under the net lease structure, the tenant manages day-to-day building operations. No midnight calls, no maintenance coordination.

    Modern, High-Quality Construction — Built in 2020, the building features 14 ensuite bedrooms, high-end interior improvements and is fully furnished — reducing capital expenditure risk for years to come.

    Show all description

Location

Documents

  • Documents:
    Cascade-Sale-.pdf 1,021.07 KB

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