Multifamily
15318 North Bluff Road
15318 North Bluff Road, White Rock, BC V4B 3E7
Listing Price: $3,600,000
Cap Rate
3.38%
Number of Units
12
GRM
19.49
Price/Unit
$300,000
Price/Gross SF
$387.31
Gross SF
9,295
Investment Overview
Well-maintained 12-unit apartment building in central White Rock offers a strong going-in cap rate and significant potential for rent increases upon turnover.
Investment Highlights
- Centrally located along North Bluff Road, with close proximity to restaurants and shopping along Johnston Road.
- The Property has been well maintained with a strong suite mix including 2 x bachelors and 10 x 1-Bedrooms.
- A strong going-in cap rate with potential to increase rents upon turnover.
- Smaller building allows the potential purchaser to self manage, saving on management fees.
Exclusively Listed By
Listing Price: $3,600,000
Cap Rate
3.38%
Number of Units
12
GRM
19.49
Price/Unit
$300,000
Price/Gross SF
$387.31
Gross SF
9,295
Investment Highlights
- Centrally located along North Bluff Road, with close proximity to restaurants and shopping along Johnston Road.
- The Property has been well maintained with a strong suite mix including 2 x bachelors and 10 x 1-Bedrooms.
- A strong going-in cap rate with potential to increase rents upon turnover.
- Smaller building allows the potential purchaser to self manage, saving on management fees.
Investment Overview
Well-maintained 12-unit apartment building in central White Rock offers a strong going-in cap rate and significant potential for rent increases upon turnover.
Exclusively Listed By

