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5525 14 Av 37 Unit Apartment Building $8,238,294 USD ($222,657 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.
PROPERTY FACTS
| Price | $8,238,294 USD | Apartment Style | Low-Rise |
| Price Per Unit | $222,657 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.15 AC |
| Cap Rate | 3.18% | Building Size | 35,000 SF |
| No. Units | 37 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | ||
| Zoning | RA20 | ||
| Price | $8,238,294 USD |
| Price Per Unit | $222,657 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 |
| Zoning | RA20 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 37 | - | - |
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Walk Score®
Very Walkable (83)
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5525 14 Av
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