Multifamily
Pacific Central
2835 Peatt Rd, Victoria, BC V9B 3V5
Listing Price: $5,890,000
Investment Overview
Opportunity to acquire a 2014-built mixed-use apartment building in the core of Downtown Langford, located within walking distance of major amenities and employment nodes, and offering strong in-place income with future rental growth potential.
Pacific Central
Investment Highlights
- A newly-built mixed-use apartment building, featuring an attractive suite mix of 80% two bedrooms, with modern finishes and a commercial unit at grade currently leased to a financial services tenant.
- Most units are renting for below market rents, and through organic turnover, investors can expect an approximate 38% increase in mark to market rents.
- The Property is held in a Bare Trust allowing the opportunity for an investor to save on PTT through a share sale.
Exclusively Listed By
Listing Price: $5,890,000
Investment Highlights
- A newly-built mixed-use apartment building, featuring an attractive suite mix of 80% two bedrooms, with modern finishes and a commercial unit at grade currently leased to a financial services tenant.
- Most units are renting for below market rents, and through organic turnover, investors can expect an approximate 38% increase in mark to market rents.
- The Property is held in a Bare Trust allowing the opportunity for an investor to save on PTT through a share sale.
Investment Overview
Opportunity to acquire a 2014-built mixed-use apartment building in the core of Downtown Langford, located within walking distance of major amenities and employment nodes, and offering strong in-place income with future rental growth potential.
Exclusively Listed By
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