Port Alberni Apartment Building Sales

Apartment Buildings for Sale in Port Alberni : Sales History 2018 & Earlier

Planning to buy or sell an apartment block in Port Alberni,
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 Port Alberni: 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

Sale Date Sale Price	Sale Price	Address	Building Name	Acres	Year Built	Total Suites	Total Rooms	$ per Suite	$ per Room	Cap Rate
03/2018	835,000	5038 Montrose St	Terrace View	.324	1960 Reno	10	38.5	83,500	21,688	6.9

01/2017	630,000	3687 15 Ave	x	.18	1966 Reno 2007	8	31	78,750	20,322	x
05/2017	585,000	3625 14 Ave	Highview Apts	.14	x	11	40	53,181	14,625	x
05/2017	775,000	4506 Argyle St	Heritage Garden	.15	1944 Reno 2010	12	47	64,583	16,489	x

Sale Date	Building Name	Address	Age	# of Suites	Sale Price	$ per Suite	Cap Rate
1/2015	Fernwood Manor	4086 7 Ave.	1966	29	900,000	31,034

Sale Date	Building Name	Address	Age	# of Suites	Selling Price	$ per Suite	Cap Rate
2/2013		3118 3 Ave.	1953	16	426,100	26,631	9.3%

Sale Date	Property	Address	Age	# Suites	Sale Price	$ per Suite	Cap Rate
1/1/12	Cygnet Apts	3883 10 Ave	1976	63	3,425,000	54,365	7.40
1/10/12		4204 China Crk Rd	1957	43	1,340,000	31,163	6.50

Sale Date	Property	Address	Age	# Suites	Sale Price	$ per Suite	Cap Rate
1/8/11	Strata Titled	3855 11 Ave	1997	50	4,852,500	97,050	5.36

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Apartment Buildings for Sale in Port Alberni : Sales History 2018 & Earlier