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15318 N Bluff Rd 12 Unit Apartment Building $3,480,000 CAD ($290,000 CAD/Unit) 3.49% Cap Rate White Rock, BC V4B 3E7
INVESTMENT HIGHLIGHTS
- Natural light exposure
- Access to public transit
- Ample parking
- Heavy daytime foot traffic area
- Access to highway
- Retail amenities nearby
EXECUTIVE SUMMARY
Well-maintained 12-unit apartment building in central White Rock offers a strong going-in cap rate and significant potential for rent increases upon turnover.
PROPERTY FACTS
| Price | $3,480,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $290,000 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 3.49% | Building Size | 9,295 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Price | $3,480,000 CAD |
| Price Per Unit | $290,000 CAD |
| Sale Type | Investment |
| Cap Rate | 3.49% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,295 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1/1,000 SF |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Family Room
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Private Bathroom
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 10 | - | - |
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (72)
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15318 N Bluff Rd
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