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Multifamily

600 S Dogwood Street

600 S Dogwood Street, Campbell River, BC V9W 6S1

Listing Price: $3,150,000

Cap Rate
3.61%
Number of Units
16
Price/Unit
$196,875
Price/Gross SF
$146.98
Gross SF
21,432

Investment Overview

McEvay Blair Multifamily Group | Marcus & Millichap is pleased opportunity to purchase 600 South Dogwood Street, a 16-unit newly renovated apartment building in Campbell River. Pride of ownership is evident throughout as the building has been meticulously cared for with numerous capital expenditures including new windows (2011), torch-on roof (2008), replaced siding (2011), balconies (2011), sliding doors (2011), underground water system (2011) and the installation of a security system in 2018. The grounds are impeccably maintained and the building commands excellent curb appeal, providing a terrific first impression for prospective tenants.

Investment Highlights

  • Exceptionally managed and well-maintained building, centrally located in Campbell River with close proximity to restaurants, schools and Merecroft Village Shopping Center
  • Pride of ownership is evident as the building has been meticulously cared for with numerous capital expenditures
  • The 16 unit building has a suite mix of all 2 bedroom units. Each unit has a balcony, with the majority of the units being renovated
  • 18 additional storage rooms/lockers with 18 surface parking stalls and 3 sets of coin laundry. The building also has three additional rooms that are currently used for storage

Exclusively Listed By

Multifamily

600 S Dogwood Street

Listing Price: $3,150,000

Cap Rate
3.61%
Number of Units
16
Price/Unit
$196,875
Price/Gross SF
$146.98
Gross SF
21,432

Investment Highlights

  • Exceptionally managed and well-maintained building, centrally located in Campbell River with close proximity to restaurants, schools and Merecroft Village Shopping Center
  • Pride of ownership is evident as the building has been meticulously cared for with numerous capital expenditures
  • The 16 unit building has a suite mix of all 2 bedroom units. Each unit has a balcony, with the majority of the units being renovated
  • 18 additional storage rooms/lockers with 18 surface parking stalls and 3 sets of coin laundry. The building also has three additional rooms that are currently used for storage

Investment Overview

McEvay Blair Multifamily Group | Marcus & Millichap is pleased opportunity to purchase 600 South Dogwood Street, a 16-unit newly renovated apartment building in Campbell River. Pride of ownership is evident throughout as the building has been meticulously cared for with numerous capital expenditures including new windows (2011), torch-on roof (2008), replaced siding (2011), balconies (2011), sliding doors (2011), underground water system (2011) and the installation of a security system in 2018. The grounds are impeccably maintained and the building commands excellent curb appeal, providing a terrific first impression for prospective tenants.

Exclusively Listed By

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