Built in 1993, Victoria Court is an excellent quality mixed-use, multifamily/commercial complex centrally located in Langley. Features 13 large 2 Br (2 level), 2 guest suites and 9,212 sq. ft. of commercial (7 offices). Immaculate condition, high profile site.
– Separate secure enterance for residential
– Balconies for each suite
– Insuite W/D, dishwasher, H/W tank in res. units
– Gas F/P for all res. and 1 commercial tenant
– Res. tenants pay heat (electric), H/W & F/P (gas)
– Air conditioning for each commercial
|No. units||Average size|
|Two Bedroom (2 levels)||No. units13||Average size1,200|
|Guest Suites||No. units2|
|Commercial||No. units7 offices|
|Income and expenses|
Net operating income
|Notes||Income annualized as of October 1, 2004. The income & expenses shown above are the actual statement of operations. However, there is currently one vacant commercial space (suite #169) of 2062 sq. ft. which represents approx. 22% of the commercial income. Assuming the commercial is fully occupied, the CAP rate increases to 7.4% on asking price. For rent roll, income & expense statement and further tenant information, click here.|
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.