1125 Oscar St - Apartments FOR SALE


Victoria, BC V8V 2X3
$6,900,000 CAD
250-386-0004
1125 Oscar St, Victoria, BC for Sale
$6,900,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1125 Oscar St
Victoria, BC V8V 2X3


OVERVIEW

CBRE Limited is pleased to present for sale 1125 Oscar Street in Victoria, BC. This exceptionally-well maintained apartment building, known as Bellwood Place, has been with the same owner for over 35 years, and features 24 residential suites on 18,762 SF of land. Situated steps from Cook Street Village, this ideally located multi-family property offers tenants an unmatched blend of village style amenities and proximity to iconic waterfront parklands, all while only minutes from Downtown Victoria. Owners will benefit from a neighbourhood with extremely high rental demand and under market rents (31% spread to market), which will provide income upside on tenant turnover.

FOR SALE DETAILS

PRICE

$6,900,000 CAD

PRICE/SF

$313 CAD /SF

# OF UNITS

24

PRICE/UNIT

$287,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bellwood Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1971

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,762 SF

ZONING

R3-AM-2

APN/PARCEL ID

518603

ASK ABOUT THIS PROPERTY

Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

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Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.