340 Linden Ave - Apartments FOR SALE


Victoria, BC V8V 4E9
$6,500,000 CAD
250-386-0005
340 Linden Ave, Victoria, BC for Sale
$6,500,000 CAD
Apartments - FOR SALE
1/5
null | 4.42% Cap Rate

340 Linden Ave
Victoria, BC V8V 4E9


HIGHLIGHTS

  • 16 suites with excellent suite mix
  • 16 storage lockers & secure bike storage
  • Double-glazed enhanced Low-E vinyl windows

OVERVIEW

CBRE Limited is pleased to present for sale 340 Linden Avenue in Victoria, BC. This exceptionally-well renovated character conversion, named The Stanley, features 16 contemporary residential suites. 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. With no near term cap-ex requirements and 100% occupancy, owners will benefit from the low maintenance design and a neighbourhood with extremely high rental demand.

FOR SALE DETAILS

PRICE

$6,500,000 CAD

PRICE/SF

$795 CAD /SF

# OF UNITS

16

PRICE/UNIT

$406,250

CAP RATE

4.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R3-AM

APN/PARCEL ID

000-188-735

ASK ABOUT THIS PROPERTY

Chris RustCBRE, LimitedMore Info
250-386-0005

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Chris RustCBRE, LimitedMore Info
250-386-0005

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