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Multifamily

Aldercrest Apartments

820 Alder St, Campbell River, BC V9W 2P5

Listing Price: $2,400,000

Cap Rate
3.27%
Number of Units
14
Price/Unit
$171,429
Price/Gross SF
$148.91
Gross SF
16,117

Investment Overview

Aldercrest Apartments is a well-maintained and easy to manage 14-unit rental apartment building located in Campbell River on the east coast of Vancouver Island. The building has an excellent suite mix with 10 two bedroom and 4 one bedroom units, some feature balconies with expansive views overlooking the Straight of Georgia Straight to Quadra Island. Improved on a large, 16,117 sf lot the property is centrally located within close proximity to shops, restaurants and grocery stores.

Investment Highlights

  • 14-Unit Apartment Building with Ocean Views Located on the East Coast of Vancouver Island in Campbell River
  • Excellent suite mix with 10 two bedroom and 4 one bedroom units
  • Easy to manage and maintain investment with tenant's paying for their own heat and hot water t

Exclusively Listed By

Multifamily

Aldercrest Apartments

Listing Price: $2,400,000

Cap Rate
3.27%
Number of Units
14
Price/Unit
$171,429
Price/Gross SF
$148.91
Gross SF
16,117

Investment Highlights

  • 14-Unit Apartment Building with Ocean Views Located on the East Coast of Vancouver Island in Campbell River
  • Excellent suite mix with 10 two bedroom and 4 one bedroom units
  • Easy to manage and maintain investment with tenant's paying for their own heat and hot water t

Investment Overview

Aldercrest Apartments is a well-maintained and easy to manage 14-unit rental apartment building located in Campbell River on the east coast of Vancouver Island. The building has an excellent suite mix with 10 two bedroom and 4 one bedroom units, some feature balconies with expansive views overlooking the Straight of Georgia Straight to Quadra Island. Improved on a large, 16,117 sf lot the property is centrally located within close proximity to shops, restaurants and grocery stores.

Exclusively Listed By

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