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1243 Park Terr
Es Esquimalt Esquimalt V9A 4Z2

$2,375,000
Commercial Sale

Main Photo: 1243 Park Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 839789
Photo 1: 1243 Park Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 839789
Photo 2: 1243 Park Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 839789
Photo 3: 1243 Park Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 839789
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Photo 10: 1243 Park Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 839789
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
839789
Conveniently located two blocks from Esquimalt Town Center and adjacent to a Municipal park. The property was substantially renovated in 2009 and offers 6 Two Bedroom strata units. Upper units offer skylights throughout and exterior decks. Average unit size is +/-759 SF and average rent is $2.10/SF per month. There are 6 on-site stalls for tenants and an additional 3 visitor stalls. Cap Rate of +/- 3.7% on current stabilized net income.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Es Esquimalt, Esquimalt
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.22 acre(s)
Taxes:
Building Features:
Parking
Ceiling Heights:
Total Building Area:
4,556 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Heating:
Baseboard
Fireplace:
No
Pending Date:
Electric
Balcony
0
Yes
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Township of Esquimalt
Legal Description:
Zoning:
RM-4
Units in Building:
Units in Community:
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Site
Total Parking Spaces:
10
Total Units:
Date Listed:
May 19, 2020
Original Price:
2375000.0
  • Photo 1: 1243 Park Terr in Esquimalt: Es Esquimalt Multi Family for sale : MLS®# 839789
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Listed by Colliers Macaulay Nicolls
Data was last updated September 20, 2020 at 07:30 AM (UTC)

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