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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.

Attachments

5525 14 Ave_web

Property Facts

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 - -
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RA20
RA20
  • Listing ID: 30499240

  • Date on Market: 1/2/2024

  • Last Updated:

  • Address: 5525 14 Av, Delta, BC V4M 3X1

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