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Tall Tree Place 1174 Inlet St 28 Unit Apartment Building $20,413,719 USD ($729,061 USD/Unit) 2.21% Cap Rate Coquitlam, BC V3B 6E4
Investment Highlights
- Minutes from Downtown Coquitlam shopping district and Lougheed Highway
- Located in a high-demand residential growth area with strong connectivity
- Walking distance to SkyTrain station for convenient regional transit access
- Close to Lafarge Lake, trails, and multiple recreational amenities
- Two-acre site with existing 28 stratified townhouse units
- Prime development
Executive Summary
Covering an expansive 2 Acre site, existing improvements include 28 stratified Town House units. The site is exceptionally located minutes from Downtown Coquitlam shopping district and Lougheed Hwy, Walking distance to SkyTrain station. Lafarge lake, trails and more.
Property Facts
| Price | $20,413,719 USD | Apartment Style | Townhome |
| Price Per Unit | $729,061 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.00 AC |
| Cap Rate | 2.21% | Building Size | 45,000 SF |
| Sale Condition | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | RM-1 - Residential Multifamily | ||
| Price | $20,413,719 USD |
| Price Per Unit | $729,061 USD |
| Sale Type | Investment |
| Cap Rate | 2.21% |
| Sale Condition | Redevelopment Project |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 45,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RM-1 - Residential Multifamily |
Amenities
Unit Amenities
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 28 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Very bikeable
80/100
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Tall Tree Place | 1174 Inlet St
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