Multi-Families for Sale - 4 Units and Up

6853-6855 O'Grady Road, Prince George
45881 Lewis Avenue, Chilliwack
13022-13024 103A Avenue, North Surrey
3448 St. Anne Street, Port Coquitlam
37955-9 Westway Avenue, Squamish
231,233,235 Pine Avenue, Sparwood
2020 Kanata Avenue, Houston
9493 Cook Street, Chilliwack
9419 Woodbine Street, Chilliwack
1530-1600 Albatross Avenue, Kitimat
645 9th Avenue, Campbell River
4045 1st Avenue, Prince George
4031 1st Avenue, Prince George

Here is a sample analysis of the 53 Unit Apartment building on 645 9th Avenue in Campbell River.

Listed Price - $4,500,000.00

Down Payment - 25% ($1,125,000.00)

Number of units - 53

Annual Gross Rental Income - $430,680.00

Less 5% Vacancy - ($21,534.00)

Annual Laundry Income - $4,700.00

Effective Gross Income - $413,846.00

Annual Operating Expenses - ($181,564.00)

Net Operating Income (NOI) - $231,981.92

Estimated Annual Mortgage Payment - ($192,055.56)

Annual Cash Flow (Profit) - $39,926.36

Monthly Cash Flow - $3,327.20