1.15 ACMultifamilyContactSale
1.15 AC
Multifamily
Sale
Morgan Dyer PREC*
Colliers International Vancouver
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2048–2060 Manning Avenue, Port Coquitlam, BC (the “Property”) represents an excellent opportunity to acquire two adjacent rental apartment buildings in the growing city of Port Coquitlam. The Property comprises two three-storey apartment buildings with a total of 55 rental units. It benefits from its prime location, just a short walk from the Port Coquitlam West Coast Express Station, which offers a 30-minute ride to Downtown Vancouver. The Property is also in close proximity to Shaughnessy Station Mall, as well as a variety of shops, services, and amenities in Downtown Port Coquitlam. An exceptional multi-family investment with strong rental demand, lifestyle amenities, and transit connectivity. For more details on this offering, please contact the listing brokers.
The Space
Available Space1.15 AC
Property UseMulti family
SourceDirect
The Building
- Two adjoining 3-storey multifamily apartment buildings (32 units + 23 units) on a 49,979 SF site, located just outside of Downtown Port Coquitlam. - Stable cash flow with income upside potential compared to CMHC market benchmarks. - Excellent location just steps from Lougheed Highway (Highway 7) with access to R3 Rapid Bus stop and West Coast Express commuter rail linking Mission to Downtown Vancouver. - Updated and well-managed buildings supporting long-term value. - Just 2km from Coquitlam Centre SkyTrain Station and Coquitlam Centre Shopping Mall, offering rapid transit and extensive retail options. - Just a 10-minute walk to Shaughnessy Station retail node with Safeway, Earls Kitchen + Bar, Starbucks, Scotiabank, Vancity and Anytime Fitness. Close to schools and parks, including Central Elementary, Pitt River Middle School, Riverside Secondary School, Aggie Park, Lions Park, and Gates Park, offering excellent family-friendly surroundings. - Low site coverage (33%) provides flexibility for future redevelopment opportunities.
Property TypeMultifamily
Up to $500K for British Columbia businesses
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