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15318 N Bluff Rd 12 Unit Apartment Building £1,890,748 (£157,562/Unit) 3.49% Net Initial Yield White Rock, BC V4B 3E7
INVESTMENT HIGHLIGHTS
- Natural light exposure
- Access to public transit
- Ample parking
- Heavy daytime foot traffic area
- Access to highway
- Retail amenities nearby
EXECUTIVE SUMMARY
Well-maintained 12-unit apartment building in central White Rock offers a strong going-in cap rate and significant potential for rent increases upon turnover.
PROPERTY FACTS
| Price | £1,890,748 | Apartment Style | Low-Rise |
| Price Per Unit | £157,562 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.21 ac |
| Yield | 3.49% | Property Size | 9,295 sq ft |
| No. Units | 12 | No. Floors | 2 |
| Property Type | Build-to-Rent | Year Built | 1972 |
| Property Subtype | Apartment | Parking Allocation | 1/1,000 sq ft |
| Price | £1,890,748 |
| Price Per Unit | £157,562 |
| Sale Type | Investment |
| Yield | 3.49% |
| No. Units | 12 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.21 ac |
| Property Size | 9,295 sq ft |
| No. Floors | 2 |
| Year Built | 1972 |
| Parking Allocation | 1/1,000 sq ft |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Tile Floors
- Kitchen
- Wooden Floors
- Refrigerator
- Family Room
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Private Bathroom
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 10 | - | - |
Walk Score®
Excellent pedestrian access (94)
Bike Score®
Good for cycling (72)
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15318 N Bluff Rd
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