Multifamily in V9B available for sale
2

Apartment Buildings for Sale near V9B

V9B Apartment Building for Sale

More details for 2645 Peatt Rd, Langford, BC - Multifamily for Sale

2645 Peatt Rd

Langford, BC V9B 3T9

  • Multifamily for Sale
  • $3,400,000 CAD
  • 8,147 SF
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More details for 2871 Jacklin Rd, Langford, BC - Multifamily for Sale

The Residences at Utopia - 2871 Jacklin Rd

Langford, BC V9B 5R8

  • Office for Sale
  • $1,199,000 CAD
  • 2,057 SF
  • 1 Unit Available
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Apartment Buildings for Sale Within 10 kilometers of V9B

More details for 3221 Heatherbell Rd, Colwood, BC - Multifamily for Sale

Pendray House - 3221 Heatherbell Rd

Colwood, BC V9C 1Y8

  • Multifamily for Sale
  • $6,950,000 CAD
  • 8,400 SF
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More details for 741 Admirals Rd, Victoria, BC - Multifamily for Sale

Pacific Villa Apartments - 741 Admirals Rd

Victoria, BC V9A 2N9

  • Multifamily for Sale
  • $3,360,000 CAD
  • 10,725 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Victoria Multifamily for Sale

Pacific Villa Apartments presents a compelling opportunity to acquire a fully leased 12-suite multifamily asset in the heart of Esquimalt, just minutes from downtown Victoria. With a strong suite mix dominated by large two-bedroom plus den units (67.7%), the property is designed to maximize rental revenue and attract long-term tenants. Four of the twelve suites have been fully renovated, each with approximately $30,000 in upgrades, supporting a proven value-add strategy with over 32% rental upside potential. The building has undergone significant capital improvements, including a newer roof, double-glazed vinyl windows, updated balconies, and a one-year-old gas-fired boiler and hot water tank. These upgrades minimize future capital expenditures and enhance tenant comfort. Radiant hot water heating and 14 surface parking stalls (12 tenant, 2 visitor) further support operational efficiency. Strategically located on Admirals Road between Esquimalt Road and Colville Road, the property benefits from direct transit access and proximity to key amenities such as Red Barn Grocery, Esquimalt Plaza, the Recreation Centre, and the newly developed Esquimalt Town Square. The building is also across from CFB Esquimalt, the township’s largest employer, which anchors the local economy with over 6,000 personnel. Esquimalt’s rental market fundamentals are exceptionally strong, with a 1.5% vacancy rate and rents rising over 6.4% year-over-year. The area offers slightly more affordable rents than Victoria, attracting renters from the capital’s higher-priced market. With a projected population increase and rising household incomes, Pacific Villa Apartments is well-positioned to deliver stable cash flow and long-term growth.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2024-10-23

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More details for 611 Brookside Rd, Colwood, BC - Multifamily for Sale

Latoria Walk - 611 Brookside Rd

Colwood, BC V9C 0C3

  • Office for Sale
  • $1,250,000 CAD
  • 2,215 SF
  • 1 Unit Available
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More details for Heron’s Landing – Multifamily for Sale, Victoria, BC

Heron’s Landing

  • Multifamily for Sale
  • 86,751 SF
  • 2 Multifamily Properties
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Apartment Buildings for Sale in V9B

View All Available Listings
How many apartment buildings are available for sale in V9B?
There are currently 2 apartment buildings available for sale in V9B, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in V9B?
The average size of apartment buildings available for sale in Victoria is about 5,102 SF. The largest apartment buildings available to buy is 8,147 SF and the smallest is 2,057 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 V9B?
The average market cap rate for apartment buildings for sale is about 4.98% based on data provided in V9B. Learn more about how cap rates are calculated.