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Jacob's Court 33509 Marshall Rd 12 Unit Apartment Building For Sale Abbotsford, BC V2S 1K8
INVESTMENT HIGHLIGHTS
- Well maintained building with major capital upgrades completed including double pane windows, new roof and suite upgrades
- Each unit has their own hot water tank and tenants pay all of their own utilities
- Many suites are currently leased at belowmarket rents, offering potential to increase rental income through strategic upgrades
- Favorable suite mix that features large units averaging 796 sf with the majority being 2 bedrooms
- Property is on a 21,049 sf lot ideally suited for a future development
EXECUTIVE SUMMARY
The Avison Young Multi-Family Team is pleased to present Jacob’s Court at 33509 Marshall Road (“The Property”). This well-maintained 12-unit building sits on a 21,049 sf lot, ideally positioned for future development and long-term value. Recent capital upgrades, including double-pane windows, a new roof, and suite renovations, minimize near-term expenses. The spacious 796 sf units, mostly two-bedroom, are currently leased below market, offering immediate potential for rental income growth through targeted upgrades. Located in a high demand area, Jacob’s Court offers a strong cash flow, significant rental upside, and future redevelopment potential, making it an ideal addition to any investment portfolio.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.48 AC |
| No. Units | 12 | Building Size | 9,600 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1987 |
| Apartment Style | Low-Rise | Parking Ratio | 5.15/1,000 SF |
| Building Class | C | ||
| Zoning | RM-60 - High Density Townhouse | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 9,600 SF |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 5.15/1,000 SF |
| Zoning | RM-60 - High Density Townhouse |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $780.99 USD | 750 |
| 2+1 | 11 | $1,065 USD | 800 |
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Walk Score®
Very Walkable (75)
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Jacob's Court | 33509 Marshall Rd
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