5525 14 Av
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5525 14 Av
37 Unit Apartment Building $8,113,047 USD ($219,272 USD/Unit) 3.18% Cap Rate Delta, BC V4M 3X1
Investment Highlights
- Underground Parking
- open yard space
- Laundry room on site
Executive Summary
5525 14th Ave is ideally situated in the Beach Grove neighbourhood of Tsawwassen, Delta. This established residential area offers a tranquil atmosphere and a close-knit community. Residents enjoy easy access to beautiful beaches, such as Centennial Beach and Boundary Bay Regional Park. The location provides convenient amenities, including the Tsawwassen Mills Mall and Tsawwassen Commons offer a wide range of shopping options, including retail stores, dining establishments, and entertainment facilities. With well-developed transportation links, including highways and public transit, this area offers a desirable coastal lifestyle with access to neighbouring cities.
Property Facts
Price | $8,113,047 USD | Apartment Style | Low Rise |
Price Per Unit | $219,272 USD | Building Class | C |
Sale Type | Investment | Lot Size | 1.15 AC |
Cap Rate | 3.18% | Building Size | 35,000 SF |
No. Units | 37 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1977 |
Property Subtype | Apartment |
Price | $8,113,047 USD |
Price Per Unit | $219,272 USD |
Sale Type | Investment |
Cap Rate | 3.18% |
No. Units | 37 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 1.15 AC |
Building Size | 35,000 SF |
No. Stories | 3 |
Year Built | 1977 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 37 | - | - |
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Walk Score ®
Very Walkable (83)
zoning
Zoning Code | RA20 |
RA20 |
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5525 14 Av
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