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YOUR VICTORIA RE/MAX COMMERCIAL REALTOR



THE PERFECT STORM...


THE PERFECT STORM....WITH TODAY'S LOW APARTMENT MORTGAGE RATES.

Victoria Apartment building investors are paying higher prices for existing and New apartment building complexes.

In turn Victoria Apartment investors are seeing better rates of return on their apartment investments with the lower apartment mortgage interest rates.

I recently Sold two Apartment complexes in Victoria that showed almost a 5 cap rate and with the 2.65% mortgage the Return on the buyers cash Investment (ROI) was over 8%.

THE PERFECT STORM....WITH TODAY'S LOW APARTMENT MORTGAGE RATES

If you are planning on selling a single building or your entire apartment portfolio in Victoria, call me directly 250-413-7042 or email fredcarver@remax.net and I'll gladly meet with you and show you how I can get you Top Dollar for your Victoria BC Apartment building.

 

For more information on income producing apartment buildings in Victoria take a look at our web site www.victoriacommercialrealestate.com 


32 UNIT APARTMENT INVESTMENT OPPORTUNITY


The Slipway Apartments

2606 Peatt Road, Langford, BC

32 Strata Titled Rental Apartment Complex

 

Slipway -1.jpg

 

A 2004 four storey wood frame building, rented out by the developer since completion.A rental covenant attached to the subject expires in 2016 after which the units could be offered for sale for individual sale.

 

Suites are a unique design with high ceilings and large deck areas.

 

The top floor is comprised of two level units, of of which is a 4 Bed/4 Bathroom unit, Suite sizes range 686 sq.ft to 1,28 sq.ft. Suite mix: 1 loft unit, 2-one bedroom units, 17-two bedroom units, 11-three bedroom units, 1- four bedroom unit for a total of 32 suites. Each unit has in-suite storage & laundry, heat is baseboard electric, some units have electric fireplaces.

Roof Wood frame with torch on membrane cover. Exterior stucco, hardiplank and novabrik. Windows double pane with vinyl sash.

Property size: 39,424 sq.ft. Building Area 36,268 sq.ft.

Multi  Pictures on YouTube

https://youtu.be/io4k5Ddj3DU

 

Price $9,000,000

4.5% Cap

Blog: The Slipway Apartments Investment Opportunity

www.victoriacommercialrealestate.com

E&O

Information contained herein are from sources we believe to be  reliable although not guaranteed by RE/MAX Camosun and or Fred Carver Personal Real Estate Corporation.

Financial projections supplied by the owner based on their experience and  knowledge of the local current rental market.

 

Fred Carver RE/MAX Camosun Commercial Divison


The Waverly Just Sold



Tann Hill Just Sold



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 Victoria BC Real Estate Commercial Re/Max Agent Fred Carver

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Have/Want Listings by Area and Category to Message Number 145579.

We subscribe to a global commercial real estate broker center of Haves and Wants. If any of the following interest you please feel free to give me a call.

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Asia

Carib. Basin & Ctrl. America

Europe

Asia,Middle East

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Canada,Ontario

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