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Snung Cove Portfolio 2 Properties Offered at $3,223,680 in Bowen Island, BC
INVESTMENT HIGHLIGHTS
- Owner-user opportunity with vacant possession of the ground floor commercial space
- Exceptional access to surrounding amenities including local restaurants, parks, and Bowen Island Community School
- Convenient location in Snug Cove, within walking distance of the ferry terminal
- Exceptional access to surrounding amenities including local restaurants, parks, and Bowen Island Community School
EXECUTIVE SUMMARY
Avison Young is proud to present a rare opportunity to acquire 505-507 Bowen Island Trunk Road & 981 Artisan lane, Bowen Island, BC (the “Property”). Situated on over 7.5-acres of land, the Property features three rental apartment buildings housing 12 units, along with a commercial building boasting over nearly 5,500 sf of rentable area, with vacant possession for an owner operator possible. With exceptional access to surrounding amenities and Snug Cove Ferry Terminal, the Property provides investors a rare opportunity to capitalize on one of Bowen Island’s few multi-family assets
PROPERTY FACTS
| Price | $3,223,680 USD | Number of Properties | 2 |
| Price / SF | $207.60 USD / SF | Individually For Sale | 0 |
| Cap Rate | 5% | Total Building Size | 15,528 SF |
| Sale Type | Investment or Owner User | Total Land Area | 8.57 AC |
| Status | Active |
| Price | $3,223,680 USD |
| Price / SF | $207.60 USD / SF |
| Cap Rate | 5% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,528 SF |
| Total Land Area | 8.57 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 505-507 Bowen Island Trunk rd, Bowen Island, BC V0N 1G1 | Multifamily | 10,052 SF | 2003 | - |
| 981 Artisan Ln, Bowen Island, BC V0N 1G2 | Office | 5,476 SF | 2003 | - |
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CONTACTS
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Stuart Wright -
Carey Buntain -
Michael Emmott -
Megan Low -
Jonathan Hallett -
Avison Young
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Snung Cove Portfolio
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