The Rockland and Boyd Victoria Apartment Portfolio
BC, Victoria
For Sale
Property Details
- Units 116
- Apartment Buildings 2
- Sale Structure Share Sale - Potential for PTT Savings
- Stabilized Net Operating Income $1,865,214
On behalf of the Vendor, the Avison Young Multi-Family Team is pleased to present the opportunity to acquire the Rockland and Boyd Victoria Apartment Portfolio (“Portfolio”). This rarely available offering consists of 116-unit multi-family portfolio in close proximity to Downtown Victoria. These two meticulously maintained buildings provide investors a unique chance to own two prime assets in excellent locations.
Property Highlights
2 buildings in close proximity to each other – 116 rental units
Centrally located along main arterial routes with direct access to Downtown Victoria, shopping, amenities, and services
Well-maintained buildings with significant capital improvements – 11 units have been fully renovated
The Portfolio has significant rental upside with current rents below market
Both properties are located within steps from bus routes
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