604-687-7331
33509 Marshall Rd, Abbotsford, BC for Sale
Apartments - FOR SALE
1/7
null | Request Cap Rate

33509 Marshall Rd
Abbotsford, BC V2S 1K8


HIGHLIGHTS

  • Well maintained building with major capital upgrades completed including double pane windows, new roof and suite upgrades
  • Favorable suite mix that features large units averaging 796 sf with the majority being 2 bedrooms
  • Each unit has their own hot water tank and tenants pay all of their own utilities
  • Property is on a 21,049 sf lot ideally suited for a future development
  • Many suites are currently leased at belowmarket rents, offering potential to increase rental income through strategic upgrades

OVERVIEW

The Avison Young Multi-Family Team is pleased to present Jacob’s Court at 33509 Marshall Road (“The Property”). This well-maintained 12-unit building sits on a 21,049 sf lot, ideally positioned for future development and long-term value. Recent capital upgrades, including double-pane windows, a new roof, and suite renovations, minimize near-term expenses. The spacious 796 sf units, mostly two-bedroom, are currently leased below market, offering immediate potential for rental income growth through targeted upgrades. Located in a high demand area, Jacob’s Court offers a strong cash flow, significant rental upside, and future redevelopment potential, making it an ideal addition to any investment portfolio.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

12

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jacob's Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,049 SF

ZONING

RM-60

APN/PARCEL ID

001-517-546

ASK ABOUT THIS PROPERTY

Kevin MurrayAvison YoungMore Info
604-687-7331

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Kevin MurrayAvison YoungMore Info
604-687-7331

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