2552 Vancouver St - Apartments FOR SALE


Victoria, BC V8T 4A7
$3,800,000 CAD
250-386-0005
2552 Vancouver St, Victoria, BC for Sale
$3,800,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

2552 Vancouver St
Victoria, BC V8T 4A7


HIGHLIGHTS

  • 17 full size storage lockers and separate indoor bike storage structure
  • Coin-op laundry room with 2 washers & 2 dryers
  • Steps away from transit
  • Hydro & electric baseboard heat paid by tenants

OVERVIEW

2552 Vancouver Street is a centrally-located 17-unit apartment complex located steps from Quadra Village. This efficient walk-up 3-storey building is a low maintenance investment with numerous features such as: vinyl windows, a tankless Navien hot water boiler, Generac gas back-up generator, and fibre optic connectivity. Tenants benefit from storage lockers, indoor bike storage, on-site parking and proximity to transit & a full range of amenities. In place rents that are well below market value will provide investors significant income upside on tenant turnover.

FOR SALE DETAILS

PRICE

$3,800,000 CAD

PRICE/SF

$346 CAD /SF

# OF UNITS

17

PRICE/UNIT

$223,529

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,700 SF

ZONING

R3-2

APN/PARCEL ID

002-858-801

ASK ABOUT THIS PROPERTY

Chris RustCBRE, LimitedMore Info
250-386-0005

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Chris RustCBRE, LimitedMore Info
250-386-0005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.