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470 Dogwood St 6 Unit Apartment Building $1,599,000 CAD ($266,500 CAD/Unit) Campbell River, BC V9W 2Y3
INVESTMENT HIGHLIGHTS
- All units are 3-bedroom, 1.5 bathroom.
- Total of 12 stalls of on-site parking (2 stalls allocated per unit)
- Capital expenditure in 2019 – 2020 for building upgrade
- Land-Use designation provides for the development of medium to high-rise residences in multi-family complexes up to 3 – 6 storeys
- Washer/dryer and dishwasher in each unit.
EXECUTIVE SUMMARY
Colliers is pleased to present two independently titled neighboring triplexes that have both received recent functional and aesthetic renovations (2019 - 2020). Civically addressed as 460 & 470 Dogwood Street, these triplexes are strategically located on a secondary highway feeder with immediate proximity to the Campbell River commercial corridor, school systems, public transportation networks and the picturesque coastline. These properties can be purchased separately or as a package. The rental composition includes six 1,200 square foot, three-bedroom, 1.5-bathroom townhomes. Each unit has received improvements by way of new windows, doors, floors, kitchens, bathrooms, lighting, closets etc. and come equipped with in-unit washer/ dryer and 2 allocated parking stalls.
PROPERTY FACTS
| Price | $1,599,000 CAD | Building Class | C |
| Price Per Unit | $266,500 CAD | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 16,552 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low-Rise | ||
| Zoning | RM-3 - Residential Multiple 3 | ||
| Price | $1,599,000 CAD |
| Price Per Unit | $266,500 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 16,552 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Zoning | RM-3 - Residential Multiple 3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1.5 | 6 | - | 1,200 |
Walk Score®
Very Walkable (71)
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470 Dogwood St
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