741 Admirals Rd - Apartments FOR SALE


Victoria, BC V9A 2N9
$3,650,000 CAD
604-662-5141
741 Admirals Rd, Victoria, BC for Sale
$3,650,000 CAD
Apartments - FOR SALE
1/7
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741 Admirals Rd
Victoria, BC V9A 2N9


OVERVIEW

The Pacific Villa Apartments offers investors the opportunity to acquire a 12-suite cash-flowing apartment building centrally located in Esquimalt, BC, just minutes from Downtown Victoria. The building benefits from an excellent suite mix made up predominantly of large 2-bedroom suites (83%) designed to maximize rental revenue. A number of capital improvements have been completed including a newer roof, double glazed windows, balconies, boiler and hot water tank. The building is strategically located on Admirals Road between Esquimalt Road and Colville Road across from the Naval Base, which is now the largest employer in Esquimalt. The seaside location provides tenants with convenient access to transit as well as a host of tenant friendly services and amenities within walking distance.

FOR SALE DETAILS

PRICE

$3,650,000 CAD

PRICE/SF

$340 CAD /SF

# OF UNITS

12

PRICE/UNIT

$304,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pacific Villa Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,832 SF

ZONING

RM-4

APN/PARCEL ID

004338596

ASK ABOUT THIS PROPERTY

Lance CoulsonCBRE, LimitedMore Info
604-662-5141

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Lance CoulsonCBRE, LimitedMore Info
604-662-5141

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