1230 Fort Street

Victoria, BC

Centrally-Located 16-Unit Apartment Building

CBRE Limited is pleased to present the opportunity purchase Central Manor, a 16-unit apartment building located at 1230 Fort Street in Victoria, BC. Located blocks from Downtown Victoria in the desirable rental neighbourhood of Fernwood, this 3-storey building, on 12,936 SF of land, offers 14 surface parking stalls, an efficient walk-up layout, and coin-op laundry. Tenants benefit from an extremely central location, steps from schools, parks, and a full range of amenities and transit options. Low vacancy rates and in place rents that are well below market value (28% spread to market) provide investors significant income upside on tenant turnover.

16 Units

Multi-Family

$3,588,800

Listing Agent: Chris Rust

Contact Info: chris.rust@cbre.com | 250 386 0005