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Avison Young Commercial Real Estate is pleased to provide you with our most recent listing of the Gatensbury Apartments in Coquitlam, B.C. The property consists of a 66 unit Multi-Family complex, comprising a suite mix of 12 Two-Bedroom and 54 One-Bedroom units (12 of which are large corner units). The property is in outstanding condition, having received extensive upgrades and exceptional repairs and maintenance over the years. Currently the property is operating well below market potential. There are also 68 secured underground and 11 surface parking spaces, 53 storage lockers, and 4 sets of coin operated laundry machines on two floors.
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| Zoning: | RM-3 |
| Lot Size: | 42,000 square feet (0.96 acres) |
| Legal Description: | Lot “G” District Lot 356 Group 1 New Westminster District Plan1714 |
| PID: | 012-298-573 |
| Age: | Completed in 1972 |
| Suites: | 12 Two-Bedrooms and 54 One-Bedrooms |
| Financing: | Treat as clear title |
| Cap: | 5% (6.4% at market rents) |
| Property Type: | Multi-Family |
AY Commercial Real Estate | Vancouver | Avison Young (Canada) Inc.
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