14990 North Bluff Rd
32 Unit Apartment Building For Sale White Rock, BC V4B 3E4
INVESTMENT HIGHLIGHTS
- Strong holding income from existing 32 unit apartment building
- Historically this area has commanded the highest price per square foot throughout the Fraser Valley due to location, buyer demographics and scarcity.
- Extensive development potential, this largescale site has plans in progress for two 6-storey woodframe buildings proposing both market apartments
EXECUTIVE SUMMARY
Colliers presents the opportunity to acquire a 1.49 acre development site in one of the most vibrant and emerging neighbourhoods in the Lower Mainland. The site benefits from having a Development Permit application in progress for two residential buildings. This Property falls within an amenity rich location and is within walking distance to a multitude of local services. White Rock offers a family-friendly environment, supported by local parks, playgrounds and green spaces. The neighborhood is also within proximity to schools, making it appealing for families.
PROPERTY FACTS
| Sale Type | Investment |
| Sale Condition | Court Appointed Sale |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.49 AC |
| Building Size | 23,257 SF |
| No. Stories | 2 |
| Year Built | 1967 |
1 of 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (75)
ZONING
| Zoning Code | RM-2 (Medium Density Multi-Unit Residential Zone) |
