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Charlotte Manor 226 Ritson Av 32 Unit Apartment Building $4,250,000 CAD ($132,813 CAD/Unit) 5.50% Cap Rate Quesnel, BC V2J 1B1
Investment Highlights
- Well-maintained 32-unit multi-family investment
- Charlotte Manor represents an excellent opportunity for investors seeking dependable cash flow and long-term value in a growing regional market.
Executive Summary
Welcome to Charlotte Manor, a well-maintained 32-unit multi-family investment property located in the heart of Quesnel, British Columbia. This building has been meticulously cared for and offers investors a stable, income-producing asset with strong fundamentals. Happy, long-term tenants contribute to consistent rental occupancy , supported by Quesnel's diverse employment base and continued demand for rental housing. The property features secure, controlled-entry access, on-site laundry facilities, tenant storage, and clean, well-maintained common areas. Efficient operations and strong rental performance provide a reliable return on investment with minimal management concerns. Charlotte Manor represents an excellent opportunity for investors seeking dependable cash flow and long-term value in a growing regional market. Cap Rate: 5.5%
Property Facts
| Price | $4,250,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $132,813 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.50% | Building Size | 24,295 SF |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Price | $4,250,000 CAD |
| Price Per Unit | $132,813 CAD |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 24,295 SF |
| No. Stories | 2 |
| Year Built | 1970 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 32 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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Charlotte Manor | 226 Ritson Av
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