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1210 Lark Av 15 Unit Apartment Building $2,064,296 USD ($137,620 USD/Unit) 5% Cap Rate Quesnel, BC V2J 1M6
Investment Highlights
- Prime quality 15-unit apartment building.
- Excellent ownership and Strata management.
- Separate metering of services.
- Located on a quiet street with nearby amenities.
- Surrounded by green space.
Executive Summary
1210 Lark Avenue presents a well-maintained 15-unit strata apartment building situated on a quiet, residential street in Quesnel, British Columbia. The property offers stable in-place income at a 5% cap rate, supported by separate metering, professional strata management, and a diversified rent roll. Surrounded by green space and close to local amenities, the asset also benefits from potential additional development land, providing both current cash flow and future upside.
Property Facts
| Price | $2,064,296 USD | Property Subtype | Apartment |
| Price Per Unit | $137,620 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.56 AC |
| Cap Rate | 5% | Building Size | 9,911 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1981 |
| Zoning | RM-2 - Multi-Unit Residential (Medium Density) | ||
| Price | $2,064,296 USD |
| Price Per Unit | $137,620 USD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 9,911 SF |
| No. Stories | 3 |
| Year Built | 1981 |
| Zoning | RM-2 - Multi-Unit Residential (Medium Density) |
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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1210 Lark Av
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