540-542 Rochester Avenue, Coquitlam

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Constructed in 1968 and improved on a 2.19 acre site, Hampton Place & Carlisle Court consist of two three-storey wood-framed apartment buildings totaling 132 suites. The complex is well maintained and features a secure garage for 153 parking stalls, balconies/patios, an elevator in each building and a large inner court yard. Superbly located in Coquitlam, the subject is within walking distance to SkyTrain, the Lougheed Town Centre, recreation/entertainment and a short distance to major employment centres and Simon Fraser University.
SOLD $14,500,000

Civic Address: 540-542 Rochester Avenue, Coquitlam
Legal Description: Parcel “E” (Reference Plan 2150) Lot 27 Except: Firstly: Parcel D (Reference Plan 7465); Secondly: part of statutory right of way plan 33969; Thirdly: part of statutory right of way plan 5033 District lot 3 group 1 NWD Plan 874
PID: 002-274-540; 002-274-485
Lot Size: 219.19 ft frontage (95,450 sq. ft.) 2.19 acres
Zoning: RM-4
Assessment :
Land:
  $8,590,000.00
Building:

$5,558,000.00

Total:
  $14,148,000.00
Taxes 2008: $70,988.00
Age: 1968
Suites: 132 Units
Financing: Second mortgage of approximately $3,000,000 at 3% due 2012--Buyer has option to assume.
$/Unit: $117,424.00

Asking Price: $15,500,000.00

Suite Mix
1 Bachelor
83 One Bedroom
48 Two Bedroom
132 Total Suites






David Goodman 604.714.4778
Mark Goodman 604.714.4790

Macdonald Commercial Real Estate Services
301 - 1770 West 7th Avenue Vancouver BC V6J 4Y6
Phone: 604.736.5611 Fax: 604.736.7976
www.goodmanreport.com

Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.