Business For Sale · Multifamily

1711 Escarpment Way, Duncan

1711 Escarpment Way, Duncan, BC V9L5W7

$1.8M total

9,122 SF

Asset Class

Multifamily

Size

9,122 SF

Building class

A

Zoning

RF6 — Medium Density

$ / SF

$197

Occupancy

89%

Lot Size

1.97 ac

About this property

Exceptional opportunity to acquire a Licensed 9-bed LTC (Long Term Care) facility offering over 9,000 sq. ft. of finished interior space on a 1.97-acre lot. This versatile property is ideal for continued use as a care home, assisted living, support housing, or other community care services. The thoughtful layout allows for multiple configurations, including using the upper floor 2 bedroom suite for owner/ manager accommodations, rented for assisted living or used as a home office use. The lower level 2-bedroom suite is ideal for staff or family member accommodation. Expansive outdoor grounds provide space for recreation, therapeutic gardening, or future program development. Perfect for a healthcare professional or couple seeking a rewarding owner-operated business. Do not visit property without an appointment. Information package available through your realtor. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.80M
Down payment30% · $539K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$58K

Annual cash flow

$-42K

Cash-on-cash

-7.72%

DSCR

0.58

Going-in cap

3.22%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics2,768 SF2030-11
Vector Robotics5,378 SF2030-11

Area demographics

Trade area within 3 miles of the property.

Population

52,252

Households

21,978

Median income

$95,000

Median age

33.2

Daytime population

57,526

5-yr growth

6.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1711 Escarpment Way, Duncan.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.