Property Overview
-
Status
Sold -
Address
Lady Sharon Apartments
1320 King Albert Avenue
Coquitlam, BC V3J 1Y1
Canada -
Neighbourhood
Austin Heights -
# of Units
65 -
Year Built
1970 -
PID
008-485-496 -
Lot Size
96,268 SQFT -
Lot Size
2 Acres -
Price
Please Contact Listing Agents -
Building Type
Wood-Frame -
SOLD
Cushman & Wakefield is pleased to announce the successful sale of Lady Sharon Apartments. The subject property is a purpose-built rental apartment building comprised of 65 larger than average suites and situated on an exceptionally large lot which is approximately 2.20 acres, in the Austin Heights neighbourhood of Coquitlam; one of the hottest suburban growth markets in British Columbia. The location, scale, value-add and subsequent income growth opportunity offered by Lady Sharon Apartments is rarely offered to the multifamily investment market.
Investment Highlights
- Rarely offered large scale of both residential units & lot size
- Significant value-add & income growth potential; 35% market-to-market
- Coquitlam is one of BC’s hottest suburban growth markets
- Future Redevelopment potential
Property Location
Gallery
