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Mulholland Place

20011 56th Avenue, Langley
Multi-family

$5,400,000


Summary

Price
$5,850,000
Lot Size
26,043 SQ FT
Zoning
RM4-Multifamily
Sale Price
$5,400,000
Sale Date
2/24/2012

Property Description

35 Suites

Built in 2002, Mulholland Place is a high quality 35-suite strata three-storey rental apartment building located in Langley. Exceptionally well maintained, this project incorporates efficient low-maintenance specifications to ensure an investor the highest possible return on investment.

Features

  • 47 secure underground parking stalls
  • 10 visitor parking stalls
  • 40 year Duroid roof (excellent flashing system)
  • Tenants pay electric heat/cable
  • Electric meter room on each floor
  • Vinyl exterior – 30″ overhang
  • R20 + R40 insulation
  • Starline vinyl windows with sound proofing
  • Richmond Elevator (2,500 lbs)
  • Flooring: Laminated 20 year hardwood and carpeting (1 inch thick gypsum concrete)
  • State of the art, high-tech security and surveillance system (common areas)
  • Power Smart high efficiency lighting in common areas
  • In suite washer/dryer (GE Spacemaker)
  • Fridges (31′) and Stoves (30′) by GE
  • Quiet dishwasher and garborator
  • Each suite has separate hot water tank
  • Cabinets: quality arborite finish
  • Kohler bathroom & kitchen fixtures
  • Separate caretaker office and social area
  • Bike rack in underground secure parking area
  • High speed internet access
  • Common areas and suites on sprinklers
  • Lawn sprinkler system
  • Suites feature patios or balconies

Legal Description

Lot 1-35, DL 310, LD 36, PL BCS317

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