1060 King Albert Avenue, Coquitlam

1060 King Albert | Coquitlam

1060 King Albert For Sale

The Opportunity

Built in 1980, 1060 King Albert Avenue is a well-maintained wood frame apartment building comprising 32 residential suites. The property sits on a 23,896 square foot lot and features a well-balanced suite mix, appealing to a broad tenant base. The building has been consistently maintained and provides stable in-place income with amazing upside through suite turnover and rental repositioning. Additional features include parking stalls, on-site laundry, and storage. This offering represents an attractive opportunity to acquire a stable multifamily asset in a supply-

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The Suite Mix

# of Units Average Size
One Bedroom23
Two Bedroom9

The Key Details

Price$9,350,000
Lot Size23893.68 SF
Year Built1980
Property Taxes$21,840.73
ZoningRM-2

Property on Map

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied.

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