Courtenay Comox Past Sales of Apartment Buildings

Apartment Buildings Sales in Comox and Courtenay : 2018

Before you buy or sell an apartment block in Courtenay or Comox, call André at 250-940-2713

The following research and information is provided compliments of André. The tables show the following variables for apartment building sales in Courtenay and the Comox Valley: sale date, building name, address, city, year built, total number of suites, sale price, price per suite and capitalization rate. Note that these sales may not include share transfer sales or other sales where the number of units or price is not verifiable. Sales of smaller multi-family investment property of 10 units or less may also not be included.

Note: When calculating number of rooms the following numbers are used to correspond to the suite mix of the building: Bachelor = 2.5 rooms, One Bedroom = 3.5 rooms, Two Bedroom = 4.5 rooms, Three Bedroom = 5.5 rooms and Den = .5 rooms

Apartment Buildings for Sale in Comox that Sold in 2017 & 2018

Sale Date	Sale Price	Address	Building Name & Address	Acres	Year Built	Total Suites	Total Rooms	$ per Suite	$ per Room	Cap Rate
No 2018 sales recorded to date	x	x	x	x	x	x	x	x	x	x

01/2017	800,000	488 Pritchard Rd	x	.56	1962	7	x	114,285	x	x
05/2017	3,734,256	1899 Comox Ave	Glenshee	.66	1972	25	x	149,369	N/A	x
05/2017	2,871,916	355 Anderton Ave	Edgewater	.51	1976	24	x	119,663	N/A	x
05/2017	10,761,619	1600 Comox Ave	x	2.56	1981	68	x	158,259	N/A	x
05/2017	2,277,158	1650A Comox Ave	Sandpiper North	.45	1981	15	x	151,810	N/A	x
05/2017 2,322,268	2,322,268	1650 Comox Ave	Sandpiper South	.9	1963	16	x	145,141	N/A	x

Sale Date	Sale Price	Address	Building Name	Land Area	Year Built Land Area Acres	Total Suites	Total Rooms	$ per Suite	$ per Room	Cap Rate
01/2018	4,109,985	240 Back Rd	Ascot	2.46	1951 Reno	33 Twnhse	157.5	124,545	26,095	x

04/2017	1,175,000	450 19 St	Bluejay	.53	1964	17	x	69,117	N/A	x
05/2017	3,968,581	1835 Cliffe Ave	Hycroft	x	1976	33	x	120,260	N/A	x

Sale Date	Building Name	Address	Age	# of Suites	Sale Price	$ per Suite	Cap Rate
05/2016	Cathay Resort	521 Winslow Rd	1969	18	1,170,000	65,000

Sale Date	Building Name	Address	Age	# of Suites	Sale Price	$ per Suite	Cap Rate
03/2015		1075 Edgett Rd	1991	12	900,000	75,000
08/2015	Washington Apartments	1027 Ryan Rd	1969	120	7,600,000	63,333
11/2015	Pines Apartments	1055 10 St	1973	33	2,700,000	81,818

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Apartment Buildings Sales in Comox and Courtenay : 2018