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460/470 Dogwood St
CR Campbell River Central Campbell River V9W 2Y3

$2,150,000
Commercial Sale built: 1966

Front of both 460 & 470
Photo 1: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 2: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 3: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 4: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 5: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 6: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 7: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 8: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 9: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 10: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 11: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 12: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 13: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 14: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Photo 15: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
972399
Year Built:
1966
An opportunity to invest in two recently renovated (2019-2020) triplexes. Consistently enjoy zero vacancy and strong cash flows from these six three-bedroom in-demand townhomes as most of the other rentals in the area are one and two-bedroom suites. The 1250 square foot three-bedroom, 1.5 bathroom townhomes are centrally located and are close to transit, local amenities and schools. They feature large backyards, mixed laminate and tile flooring, bright LED lighting, and energy-efficient windows and appliances (in-suite washer/dryer, dishwasher, fridge and oven). Both 460 and 470 Dogwood St., are owned by the same company and must be purchased together. Go to supplements to view the property brochure that includes the rent roll and other financial information or call us to receive the information. All inspections are to be scheduled after an offer is accepted. Note: Enjoy a cap rate of 5%+, four of the six townhomes are scheduled for rent increases on or before January 2025.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1966 (Age: 58)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
16,695.116 sq. ft.
Taxes:
Building Features:
Parking
Construction:
Frame Wood
New Construction:
No
Foundation:
Slab
Electricity:
Yes
Ceiling Heights:
Floor finish:
Laminate, Tile
Total Building Area:
7,530 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Fixtures
Balcony/Patio, Fenced, See Remarks
Main Level
0
Yes
No
Unrestricted
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:
City of Campbell River
Legal Description:
Zoning:
rm3
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Electricity Connected, Phone Connected
Lot Site Features:
Central Location
Parking Features:
On Site
Total Parking Spaces:
12
Road Surface Type:
Paved
Total Units:
Date Listed:
Aug 07, 2024
Original Price:
2150000.0
  • Photo 1: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Front of both 460 & 470
  • Photo 2: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Side view of 460
  • Photo 3: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Back of property with a patio area and a lawn
  • Photo 4: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Hallway featuring dark tile patterned floors
  • Photo 5: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    From entryfeaturing hardwood / wood-style flooring
  • Photo 6: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Unfurnished living room featuring hardwood / wood-style floors
  • Photo 7: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Unfurnished room with hardwood / wood-style floors
  • Photo 8: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Kitchen featuring white fridge, light brown cabinetry, sink, dishwasher, and dark tile patterned flooring
  • Photo 9: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Kitchen featuring light brown cabinetry, sink, and stainless steel dishwasher
  • Photo 10: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Kitchen featuring dark tile patterned floors, sink, white appliances, and light brown cabinetry
  • Photo 11: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Laundry area with stacked washer and clothes dryer and sink
  • Photo 12: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Staircase with light wood-type flooring
  • Photo 13: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Full bathroom featuring shower / washtub combination, toilet, and vanity
  • Photo 14: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    Bedroom featuring beam ceiling and hardwood / wood-style flooring
  • Photo 15: 460/470 Dogwood St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 972399
    View of closet
Listed by NAI Commercial (Victoria) Inc.
Data was last updated October 6, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,500,000
Min list price:
$350,000
Max list price:
$3,999,900
Avg days on market:
117
Min days on market:
32
Max days on market:
242
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.