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Hampton Place

540-542 Rochester Avenue, Coquitlam

Apartment Building
132 Suites

SOLD $14,500,000

Overview

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.

Summary

Price$15,500,000
Units132
Price/Unit$117,424
Year Built1968
Lot Size219.19 ft frontage; 2.19 acres
ZoningRM-4
PID002-274-540; 002-274-485
Sale Price$14,500,000
Sale Date07/01/2009

Suite Mix

 No. Units
BachelorNo. Units1
One BedroomNo. Units83
Two BedroomNo. Units48

Financials

FinancingSecond mortgage of approximately $3,000,000 at 3% due 2012--Buyer has option to assume.
Assessment 2009
Land
Building
Total
Land$8,590,000
Building$5,558,000
Total$14,148,000
Taxes 2008
$70,988

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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