Unit Number
PARKSVILLE
265 Moilliet Street, Parksville $2,975,000 31 Unit Apartment Building Suite Mix 8 - Bachelor 16 - 1 Bedroom 7 - 2 Bedroom
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
BUILDING SUMMARY 265 Moilliet Street, Parksville Cypress Gardens is a quality building on a nicely landscaped lot, three blocks away from the beach and minutes to shopping and restaurants. In the year 19992000, this building was completely rebuilt right from the bare studs all done to the 1998/1999 building code. This included new insulation, drywall, and trusses. The building is wood construction with stucco and hardy plank siding exterior, and a torched on roof. It is a well thought out building plan accompanied by 8 covered parking stalls and 28 open parking stalls. The clean front entrance is decorated with baseboard mouldings, solid oak railings for the stairs, and nicely decorated, vented hallways with pine wood wainscoting, new carpeting and lots of power smart lighting. The building is equipped with smoke and heat detectors, sprinklers throughout, an elevator and intercom, a large workshop, extra storage and a sauna with 2 shower stalls. The laundry room is outfitted with 2 new Huebsch dryers and 1 Maytag washer and 1 new Huebsch washer, all owned. There are also 2 new electric hot water tanks for domestic hot water with a circulation pump for insuite hot water and 24 large storage lockers on the second and third floors. The units have good sized rooms with lots of closet space, beautiful oak cabinets and 30” stoves and frost free fridges, 70% of them replaced ten years ago. All units have sprinklers, new circuit breakers, electrical panels, double sinks in the kitchen, 2” base board mouldings and new ½” vinyl, double glazed windows with curtains. There are lino floors in the bathroom and kitchen and heavy gauge carpeting throughout. The bathrooms have oak cabinets, a vanity and Moen taps. The upper floors have high quality built balconies with vinyl decking and aluminum railings with glass. These units are also brightened with skylights on the top floor. Six units on the main floor have garden patios.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
PROPERTY INFORMATION 265 Moilliet Street, Parksville Legal Description
PL 2444 LT 11 DL 15 LD 33 PID 000-063-495
Suite Mix - 31 Units Total
8 16 7
Bachelor 1 Bedroom 2 Bedroom
Chattels
31 Fridges, 31 Stoves, 2 Washers and 2 Dryers
Zoning
Multi Family Apartment Block
Lot Size
43,560 s.f.
Original Age
29 Years
(Constructed 1981)
Property Taxes 2009
$
Assessments 2011
Land Improvements Total
Financial Encumbrances
Treat as clear title.
14,581
$ 479,000 $ 1,433,000 $ 1,912,000
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
FINANCIAL SUMMARY 265 Moilliet Street, Parksville
Jan 1 Sept 30, 2010
Annual Revenue Rental Income (Current rents x 12) $ Laundry (estimated) Less Vacancy Rate (1%) Total Annual Gross Revenue $
225,660 $ 3,660 -2,293 227,027 $
164,553 164,553
$ $
14,400 4,897 974 14,581 24,908 18,185 77,945 $ 149,082 $
14,370 3,786 1,305 10,817 16,987 16,263 63,528 101,025
$
5.01% 34.33% 2,975,000 $
95,968
Annual Expenses - 2009 Caretaker Insurance Sundry Property Taxes Repairs & Maintenance Water, Sewer & Electricity Total Annual Expenses Total Annual Net Revenue Capitalization Rate Expense Ratio Purchase Price/Per Unit
*Not including $37,323 of Capital Improvements, exterior painting, landscaping and paving, for 2009. Not including $3,766 for carpet replacement in 2010.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
RENT ROLL – SEPTEMBER 2010 265 Moilliet Street, Parksville
Unit Number 101 102 103 104 105 107 109 110 111 112 201 202 203 204 205 207 209 210 211 212
Unit Type 1 Bedroom 1 Bedroom Bachelor Bachelor 1 Bedroom 1 Bedroom Bachelor 1 Bedroom 2 Bedroom 2 Bedroom 1 Bedroom 1 Bedroom Bachelor 1 Bedroom 1 Bedroom 1 Bedroom Bachelor 1 Bedroom 2 Bedroom 2 Bedroom
Monthly Rent 603 614 546 479 614 614 464 593 645 722 614 614 479 603 603 624 490 608 722 727
Market Rent 624 624 546 546 624 624 546 624 866 866 624 624 546 624 624 624 546 624 866 866 Continued onto next page...
Please note that our market rents are based on research. We strongly recommend that you do your own research as this is only to be used as a guideline.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
RENT ROLL – SEPTEMBER 2010 265 Moilliet Street, Parksville
Unit Number 301 302 303 304 305 307 308 309 310 311 312 TOTAL
Unit Type 1 Bedroom 1 Bedroom Bachelor 2 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor 1 Bedroom 2 Bedroom 2 Bedroom
Monthly Rent 603 614 490 866 619 619 479 479 614 722 722 $18,805
Market Rent 624 624 546 866 624 624 546 546 624 866 866 $20,414
Please note that our market rents are based on research. We strongly recommend that you do your own research as this is only to be used as a guideline.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
LOCATION 265 Moilliet Street, Parksville
$2,975,000 BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
265 Moilliet Street, Parksville $2,975,000 31 Unit Apartment Building Suite Mix 8 - Bachelor 16 - 1 Bedroom 7 - 2 Bedroom
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
BUILDING SUMMARY 265 Moilliet Street, Parksville Cypress Gardens is a quality building on a nicely landscaped lot, three blocks away from the beach and minutes to shopping and restaurants. In the year 19992000, this building was completely rebuilt right from the bare studs all done to the 1998/1999 building code. This included new insulation, drywall, and trusses. The building is wood construction with stucco and hardy plank siding exterior, and a torched on roof. It is a well thought out building plan accompanied by 8 covered parking stalls and 28 open parking stalls. The clean front entrance is decorated with baseboard mouldings, solid oak railings for the stairs, and nicely decorated, vented hallways with pine wood wainscoting, new carpeting and lots of power smart lighting. The building is equipped with smoke and heat detectors, sprinklers throughout, an elevator and intercom, a large workshop, extra storage and a sauna with 2 shower stalls. The laundry room is outfitted with 2 new Huebsch dryers and 1 Maytag washer and 1 new Huebsch washer, all owned. There are also 2 new electric hot water tanks for domestic hot water with a circulation pump for insuite hot water and 24 large storage lockers on the second and third floors. The units have good sized rooms with lots of closet space, beautiful oak cabinets and 30” stoves and frost free fridges, 70% of them replaced ten years ago. All units have sprinklers, new circuit breakers, electrical panels, double sinks in the kitchen, 2” base board mouldings and new ½” vinyl, double glazed windows with curtains. There are lino floors in the bathroom and kitchen and heavy gauge carpeting throughout. The bathrooms have oak cabinets, a vanity and Moen taps. The upper floors have high quality built balconies with vinyl decking and aluminum railings with glass. These units are also brightened with skylights on the top floor. Six units on the main floor have garden patios.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
PROPERTY INFORMATION 265 Moilliet Street, Parksville Legal Description
PL 2444 LT 11 DL 15 LD 33 PID 000-063-495
Suite Mix - 31 Units Total
8 16 7
Bachelor 1 Bedroom 2 Bedroom
Chattels
31 Fridges, 31 Stoves, 2 Washers and 2 Dryers
Zoning
Multi Family Apartment Block
Lot Size
43,560 s.f.
Original Age
29 Years
(Constructed 1981)
Property Taxes 2009
$
Assessments 2011
Land Improvements Total
Financial Encumbrances
Treat as clear title.
14,581
$ 479,000 $ 1,433,000 $ 1,912,000
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
FINANCIAL SUMMARY 265 Moilliet Street, Parksville
Jan 1 Sept 30, 2010
Annual Revenue Rental Income (Current rents x 12) $ Laundry (estimated) Less Vacancy Rate (1%) Total Annual Gross Revenue $
225,660 $ 3,660 -2,293 227,027 $
164,553 164,553
$ $
14,400 4,897 974 14,581 24,908 18,185 77,945 $ 149,082 $
14,370 3,786 1,305 10,817 16,987 16,263 63,528 101,025
$
5.01% 34.33% 2,975,000 $
95,968
Annual Expenses - 2009 Caretaker Insurance Sundry Property Taxes Repairs & Maintenance Water, Sewer & Electricity Total Annual Expenses Total Annual Net Revenue Capitalization Rate Expense Ratio Purchase Price/Per Unit
*Not including $37,323 of Capital Improvements, exterior painting, landscaping and paving, for 2009. Not including $3,766 for carpet replacement in 2010.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
RENT ROLL – SEPTEMBER 2010 265 Moilliet Street, Parksville
Unit Number 101 102 103 104 105 107 109 110 111 112 201 202 203 204 205 207 209 210 211 212
Unit Type 1 Bedroom 1 Bedroom Bachelor Bachelor 1 Bedroom 1 Bedroom Bachelor 1 Bedroom 2 Bedroom 2 Bedroom 1 Bedroom 1 Bedroom Bachelor 1 Bedroom 1 Bedroom 1 Bedroom Bachelor 1 Bedroom 2 Bedroom 2 Bedroom
Monthly Rent 603 614 546 479 614 614 464 593 645 722 614 614 479 603 603 624 490 608 722 727
Market Rent 624 624 546 546 624 624 546 624 866 866 624 624 546 624 624 624 546 624 866 866 Continued onto next page...
Please note that our market rents are based on research. We strongly recommend that you do your own research as this is only to be used as a guideline.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
RENT ROLL – SEPTEMBER 2010 265 Moilliet Street, Parksville
Unit Number 301 302 303 304 305 307 308 309 310 311 312 TOTAL
Unit Type 1 Bedroom 1 Bedroom Bachelor 2 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor 1 Bedroom 2 Bedroom 2 Bedroom
Monthly Rent 603 614 490 866 619 619 479 479 614 722 722 $18,805
Market Rent 624 624 546 866 624 624 546 546 624 866 866 $20,414
Please note that our market rents are based on research. We strongly recommend that you do your own research as this is only to be used as a guideline.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
LOCATION 265 Moilliet Street, Parksville
$2,975,000 BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
