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2564 ALEXANDER Street
Out of Town No City Value V9L 2W9

$4,400,000
Multi-Family Commercial

Main Photo: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 1: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 2: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 3: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 4: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 5: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
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Photo 7: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
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Photo 16: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 17: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Photo 18: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
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Photo 20: 2564 ALEXANDER Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8031473
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8031473
Build. Type:
Low Rise (2-4 stories)
42 Unit apartment building situated in the heart of the scenic Cowichan Valley where wineries and culinary delights tantalize your senses, is the region of North Cowichan, with an abundance of attractions and outdoor activities to offer the discerning traveller. Located one block off the Trans Canada Highway 1, 60 km north of Victoria and 51 km south of Nanaimo in the Cowichan Valley. North Cowichan has a population of 29,676 (2016 Census) and is a District municipality established in 1873 located on Vancouver Island. The municipality is part of the Cowichan Valley Regional District. North Cowichan is noted for a landscape including forests, beaches, rivers and lakes. The municipality encompasses the communities of Crofton, Chemainus, Maple Bay and the ‘south end’ which is essentially a suburb of the City of Duncan. Call today for a building brochure!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
42
Year built:
1972 (Age: 48)
Land Use/Zoning:
RM-4
# Elevators:
1
Env Assmt Phase:
None
Cap Rate %:
2.85
Effective Gross Income:
$244,947
Oper. Expenses:
$119,302
Net Operating Income:
$125,645
Original Price:
$4,400,000
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Data was last updated November 27, 2020 at 06:10 PM (UTC)
KELLY FRY
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