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The Trident 918 V St 5 Unit Apartment Building $1,503,593 CAD ($300,719 CAD/Unit) 5.66% Cap Rate Vancouver, WA 98661


INVESTMENT HIGHLIGHTS
- Quality built as condominiums
- Great location
- Well maintained by long term owner
EXECUTIVE SUMMARY
Pride of ownership townhomes located on bus line and close to downtown Vancouver/Waterfront/National Historic Park.
Titled as individual condominiums! Long term owner ready to retire.
Potential for seller terms! 5% interest only terms for qualified buyer.
Titled as individual condominiums! Long term owner ready to retire.
Potential for seller terms! 5% interest only terms for qualified buyer.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$125,055
|
$19.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$5,266
|
$0.81
|
| Effective Gross Income |
$119,789
|
$18.36
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$34,922
|
$5.35
|
| Net Operating Income |
$84,866
|
$13.01
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $125,055 |
| Annual Per SF | $19.17 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $5,266 |
| Annual Per SF | $0.81 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $119,789 |
| Annual Per SF | $18.36 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $34,922 |
| Annual Per SF | $5.35 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $84,866 |
| Annual Per SF | $13.01 |
PROPERTY FACTS
| Price | $1,503,593 CAD | Property Subtype | Apartment |
| Price Per Unit | $300,719 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 5.66% | Building Size | 6,524 SF |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 2 |
| Gross Rent Multiplier | 12 | Year Built/Renovated | 1968/2025 |
| No. Units | 5 | Parking Ratio | 1.23/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | R-18 - High Density Residential | ||
| Price | $1,503,593 CAD |
| Price Per Unit | $300,719 CAD |
| Sale Type | Investment |
| Cap Rate | 5.66% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 12 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 6,524 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2025 |
| Parking Ratio | 1.23/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-18 - High Density Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Storage Space
- Kitchen
- Range
- Carpet
- Smoke Free
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- Laundry Facilities
- Smoke Free
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
Bike Score®
Very Bikeable (83)
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The Trident | 918 V St
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