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Mission Walk Apartments 33136 3 Av 77 Unit Apartment Building For Sale Mission, BC V2V 4H8
Executive Summary
The McEvay Blair Multifamily Group of Marcus & Millichap and Institutional Property Advisors present Mission Walk Apartments (the “Property”), a newly constructed 77-unit apartment building ideally situated in the heart of downtown Mission, British Columbia. The Property offers a collection of condominium-quality rental suites, many of which feature expansive views of the Fraser Valley and surrounding landscape and is strategically located within walking distance to the West Coast Express. The property has been thoughtfully designed to appeal to a broad tenant base, supported by a well-balanced and highly functional suite mix with a strong historical performance record. Mission Walk is fully stabilized, held in a bare trust, and is supported by an assumable CMHC mortgage at 2.37% with significant term remaining.
Property Facts
| Sale Type | Investment | Lot Size | 0.55 AC |
| No. Units | 77 | Building Size | 56,484 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.04/1,000 SF |
| Building Class | B | ||
| Zoning | CD48 | ||
| Sale Type | Investment |
| No. Units | 77 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 56,484 SF |
| No. Stories | 6 |
| Year Built | 2023 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | CD48 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
| 1+1 | 40 | - | - |
| 2+1 | 30 | - | - |
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Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
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Mission Walk Apartments | 33136 3 Av
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