VICTORIA -LANGFORD| 32 SUITE APARTMENT INVESTMENT FOR SALE

By
Real Estate Sales Representative with RE/MAX Camosun Victoria BC Real Estate BC Licence #001159
https://activerain.com/droplet/4Gcp

Victoria-Langford Apartment Investment

FOR SALE

Victoria 32 Suite Apartment Investment 2606 Peatt Road

32 Strata Titled Rental Units Apartment Investment

 

Slipway -1.jpg

 

A 2004 four storey wood frame building, rented out by the developer since completion.A rental covenant attached to the subject expires in 2017 after which the units could be offered for sale for individual sale.

 

Suites are a unique design with high ceilings and large deck areas.

 

The top floor is comprised of two level units, of of which is a 4 Bed/4 Bathroom unit, Suite sizes range 686 sq.ft to 1,280 sq.ft. Suite mix: 1 loft unit, 2-one bedroom units, 17-two bedroom units, 11-three bedroom units, 1- four bedroom unit for a total of 32 suites.

Each unit has in-suite storage & laundry, heat is baseboard electric, some units have electric fireplaces.

Roof Wood frame with torch on membrane cover.

Exterior stucco, hardiplank and novabrik. Windows double pane with vinyl sash.

Property size: 39,424 sq.ft. Building Area 36,268 sq.ft.

 

Price Based on 4.5% cap rate

 

E&O

Information contained herein are from sources we believe to be  reliable although not guaranteed by RE/MAX Camosun and or Fred Carver.

Financial projections supplied by the owner based on their experience and  knowledge of the local current rental market.

 Source: The Slipway Apartments 2606 Peatt Road, Langford, BC

32 Strata Titled Rental Apartment Complex

LANGFORD APARTMENT COMPLEX FOR SALE 2606 PEATT RD

 

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HAVE YOUR BEST YEAR EVER IN 2015 !

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  "Selling Victoria Residential & Income Producing Properties since 1971"

 

Cheers

Fred Carver

Personal Real Estate Corporation

RE/MAX Camosun
Accredited Consultant in Real Estate®

“Recognized by ActiveRain as a 2013-2014 Top Contributor for Real Estate Blogging.”

Direct 250-598-2963   

Over 40 Years Experience selling Real Estate does make a Difference.. call Fred today to Put his 40 years experience to work for You.

4440 Chatterton Way, Victoria, BC V8X 5J2
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Post Copyright © 2016 By Fred Carver Real Estate Corporation All Rights Reserved

Fred Carver Top Realtor Victoria BC

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Tags:
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Rainer
150,389
Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

Nice Listing! Good Luck! Have a great remainder of the week

 

Jul 15, 2015 10:28 AM #1
Ambassador
669,456
Rene Fabre
First American Title - Seattle, WA
Marketing in the Digital Age

Nice building Fred Carver-Top Realtor Victoria, BC ... Great mix of different unit arrangements. I like the investment options with saleable units in 2016 if you choose. 

Jul 15, 2015 11:05 AM #2
Rainmaker
1,674,996
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

This listing is perfect for the serious buyers in your market and should be on a short list for consideration. Happy  Marketing!

Jul 15, 2015 02:24 PM #3
Rainmaker
1,039,032
Fred Carver Personal Real Estate Corporation
RE/MAX Camosun Victoria BC Real Estate - Victoria, BC
Accredited Real Estate Consultant

Hi Ed Macias Thanks!

Have a fun and successful day!

Jul 15, 2015 11:57 PM #4
Rainmaker
1,039,032
Fred Carver Personal Real Estate Corporation
RE/MAX Camosun Victoria BC Real Estate - Victoria, BC
Accredited Real Estate Consultant

Hi Rene Fabre Thanks, it's a great building, Top floor units are two levels like a townhouse

Cheers, have fun day

Jul 15, 2015 11:59 PM #5
Rainmaker
1,039,032
Fred Carver Personal Real Estate Corporation
RE/MAX Camosun Victoria BC Real Estate - Victoria, BC
Accredited Real Estate Consultant

Hi Winston Heverly Thanks, I understand there is an offer coming.

Cheers

Jul 15, 2015 11:59 PM #6
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