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Como Lake Manor 801 Gatensbury St 33 Unit Apartment Building $11,088,000 CAD ($336,000 CAD/Unit) 5.04% Cap Rate Coquitlam, BC V3J 5H6
INVESTMENT HIGHLIGHTS
- Excellent suite mix and 100% occupied
- Tenant storage lockers, a washer/dryer on every floor, an elevator, and balconies in all suites
- Well-maintained building offers secured underground parking
EXECUTIVE SUMMARY
For Sale | 33-Unit Apartment Building in Coquitlam
Exceptional opportunity to acquire a three-storey, 33-unit apartment building in a desirable area of Coquitlam located on the corner of Como Lake Ave and Gatensbury Street. Como Lake Manor is well positioned near the rapidly growing Burquitlam community.
Excellent suite mix consisting of 11 two-bedroom suites and 22 one-bedroom suites. Constructed in 1972, this well-maintained building offers secured underground parking (57 stalls), tenant storage lockers, a washer/dryer on every floor, an elevator, and balconies in all suites.
The offering presents an opportunity for investors to acquire a 100% occupied building with an additional secure source of income.
Exceptional opportunity to acquire a three-storey, 33-unit apartment building in a desirable area of Coquitlam located on the corner of Como Lake Ave and Gatensbury Street. Como Lake Manor is well positioned near the rapidly growing Burquitlam community.
Excellent suite mix consisting of 11 two-bedroom suites and 22 one-bedroom suites. Constructed in 1972, this well-maintained building offers secured underground parking (57 stalls), tenant storage lockers, a washer/dryer on every floor, an elevator, and balconies in all suites.
The offering presents an opportunity for investors to acquire a 100% occupied building with an additional secure source of income.
PROPERTY FACTS
| Price | $11,088,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $336,000 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.54 AC |
| Cap Rate | 5.04% | Building Size | 33,000 SF |
| No. Units | 33 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 0.67/1,000 SF |
| Zoning | RM-2 | ||
| Price | $11,088,000 CAD |
| Price Per Unit | $336,000 CAD |
| Sale Type | Investment |
| Cap Rate | 5.04% |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.54 AC |
| Building Size | 33,000 SF |
| No. Stories | 3 |
| Year Built | 1972 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | RM-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 22 | - | - |
| 2+1 | 11 | - | - |
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Como Lake Manor | 801 Gatensbury St
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