Multifamily in V8C available for sale
1

Apartment Building for Sale in V8C

The max can't be less than the min

V8C Apartment Building for Sale

More details for Kitimat Apartment Portfolio – Multifamily for Sale, Kitimat, BC

Kitimat Apartment Portfolio

  • Multifamily for Sale
  • $32,500,000 CAD
  • 261,310 SF
  • 3 Multifamily Properties

Kitimat Portfolio of properties for Sale

Macdonald Commercial Real Estate Services Ltd. is pleased to present the exclusive opportunity to acquire the Kitimat Apartment Portfolio, a premier multifamily investment consisting of 263 rental units across nine apartment buildings strategically located throughout Kitimat, British Columbia. Comprising the Sandpiper Apartments, Sandalwood Apartments, and Quatsino Apartments, the portfolio provides immediate scale in a market characterized by strong economic fundamentals, limited rental supply, and sustained housing demand. The portfolio encompasses approximately 261,310 square feet of gross building area situated on 15.28 acres of multifamily-zoned land, offering a diversified mix of conventional rental housing and furnished workforce accommodation. The properties have been well maintained and benefit from ongoing capital investment programs, while also presenting meaningful opportunities for future value creation through suite modernization, revenue optimization, and strategic operational enhancements. Kitimat has emerged as one of Canada’s most significant industrial and energy investment corridors, supported by billions of dollars in committed capital from major projects including LNG Canada, Cedar LNG, Rio Tinto, and associated marine, infrastructure, and industrial developments. These long-term investments continue to generate substantial employment growth and long-term workforce demand, underpinning the need for both traditional rental housing and premium furnished accommodations. The portfolio currently offers an attractive 7.4% in-place capitalization rate, with additional upside through future lease-up, continued suite renovations, and operational optimization.

Contact:

Macdonald Commercial

Property Subtype:

Multi Family

Date on Market:

2026-06-15
Hide
See More
1-1 of 1
  2. 1
LoopNet Canada British Columbia Kitimat Apartment Buildings For Sale in V8C, Kitimat, Canada

Learn More About Investing in Apartment Buildings

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Apartment Buildings for Sale in V8C

View All Available Listings
How many apartment buildings are available for sale in V8C?
There are currently 3 apartment buildings available for sale in V8C, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in V8C?
The average size of apartment buildings available for sale in Kitimat is about 261,310 SF. The largest apartment buildings available to buy is 261,310 SF and the smallest is 261,310 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in V8C?
The average market cap rate for apartment buildings for sale is about 7.40% based on data provided in V8C. Learn more about how cap rates are calculated.
Nearby Cities
Other Property Types