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Sold

Villa Anna Apartments

  • $6,300,000

Salient Details

  • Lot Size 51,401 sf
  • Year Built 1971
  • Net Income $316,013
  • Cap Rate 5.02%

Villa Anna Apartments

34 unit apartment building in Powell River.
4665 Michigan Avenue - Sold
Download the Brochure
McEvay Blair Multifamily Group - Villa Anna Apartments - 13 4465 Michigan Ave 31

Investment Highlights

Established 34-Unit Multifamily Asset
Villa Anna Apartments comprises 34 rental units with a desirable and diversified suite mix, including 8 one-bedroom, 25 two-bedroom, and 1 three-bedroom unit, appealing to a broad range of tenants and supporting long-term occupancy.
Convenient Location Near Amenities and Waterfront
The property is strategically positioned just 10 minutes from Powell River's waterfront and within a 15-minute walk of the town centre, providing residents with easy access to shopping, services, recreation, and employment opportunities.
Stable Rental Investment in a Growing Coastal Market
Located in the heart of Powell River, Villa Anna Apartments offers investors exposure to a well-established rental market with strong demand for quality housing and limited multifamily inventory.

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Contact us

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick