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1317 Pelican Pl 7 Unit Apartment Building $3,699,188 CAD ($528,455 CAD/Unit) Point Roberts, WA 98281
EXECUTIVE SUMMARY
Situated on the 3rd hole of the newly re-opened Point Roberts Golf Course, this 7-unit multifamily property (5 townhomes, 2 detached homes) offers strong upside. Built in 2010 on 1.12 acres, the townhomes average 1,112 sq ft (2 bed/2 bath) and the homes average 1,686 sq ft (2–3 bed/2 bath). Currently rented below market at $6,170/mo with a proforma of $15,200/mo. Potential to stratify and sell individually. High demand from golfers and local staff. Rare opportunity for repositioning in a growing, supply-constrained market.
PROPERTY FACTS
| Price | $3,699,188 CAD | Apartment Style | Townhome |
| Price Per Unit | $528,455 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.12 AC |
| No. Units | 7 | Building Size | 8,932 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2010 |
| Price | $3,699,188 CAD |
| Price Per Unit | $528,455 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 8,932 SF |
| No. Stories | 1 |
| Year Built | 2010 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
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Lifeline Equity
1317 Pelican Pl
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