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565 Mouse Mountain Dr 25 Unit Apartment Building $1,500,000 CAD ($60,000 CAD/Unit) 9.10% Cap Rate Fraser Lake, BC V0J 1S0
Executive Summary
2.5 storey walk-up apartment building in great central location, near shopping and local school. Well managed building.
• Most units have had upgrades including new floors and paint
• Land is currently being sub-divided. 0.5 acre will be additional land to the 1 acre which the building is on
• Foundation is reinforced poured concrete
• The walls are wood frame with wood siding
• Insulation is reported to be fiberglass batts, no UFFI is reported
• The roofing material is a torch on, and replaced in 2021
• Most units have had upgrades including new floors and paint
• Land is currently being sub-divided. 0.5 acre will be additional land to the 1 acre which the building is on
• Foundation is reinforced poured concrete
• The walls are wood frame with wood siding
• Insulation is reported to be fiberglass batts, no UFFI is reported
• The roofing material is a torch on, and replaced in 2021
Property Facts Under Contract
| Price | $1,500,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $60,000 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.52 AC |
| Cap Rate | 9.10% | Building Size | 20,980 SF |
| No. Units | 25 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | ||
| Zoning | R-2 - Residential | ||
| Price | $1,500,000 CAD |
| Price Per Unit | $60,000 CAD |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 20,980 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Zoning | R-2 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
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565 Mouse Mountain Dr
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