Kitimat Apartment Portfolio
Kitimat, BC

$22,872,666 USD

Multifamily For Sale • 261,310 SF

3 Properties View all

Property Details

Property Type Multifamily
Cap Rate 7.40 %

30 Transit Score

20 Walk Score

                
                    Highlights
                
                                Attractive in-place yield - 7.4% cap 
                            
                                Scale in a supply-constrained & growing market - 263 units across 9 apartment buildings
                            
                                Exposure to a multi-billion dollar industrial growth corridor
                            
                                Workforce housing revenue opportunity
                            
                                Meaningful value-add potential
                            
                                Strong underlying land value - 15.28 acres of multifamily-zoned