Mackenzie, BC
99 Stuart Drive
Multi-Family Commercial
Property Type
$3,250,000
Price
About the Property
32-Unit Townhome Complex in Mackenzie Offering a 30% Annual Return
Dan Chatfield and Steve Fame are pleased to offer for sale 99 Stuart Drive, a 32-unit townhome complex situated on 2.98 acres in Mackenzie, British Columbia. The property comprises 8 two-bedroom and 24 three-bedroom three-level townhomes, offering a highly functional suite configuration that is unique within the Mackenzie multifamily market.
The complex is well maintained with limited near-term capital expenditure required, and is supported by a supply-constrained rental market and a compelling pipeline of employment drivers. With Mackenzie poised for continued growth driven by major infrastructure and resource projects, the asset offers investors both stable current income and meaningful upside potential.
Asking Price: $3,250,000
Price per Unit: $101,563
Capitalization Rate: 6.23%
Annual Return on Equity: 30%*
*subject to change based on financing availability
Dan Chatfield
Personal Real Estate Corporation | Senior Vice President
Paradigm Group Commercial Real Estate Services
D: 604.318.6313 | O: 604.398.8836
Steve Fame
Personal Real Estate Corporation | Executive Vice President
Paradigm Group Commercial Real Estate Services
D: 604.761.3263| O: 604.398.8836
At the Intersection of Forestry, Mining & Energy Transmission
Mackenzie is a northern resource community with a more compelling demand story than its size suggests. Located in the Regional District of Fraser-Fort George, the community sits at the intersection of forestry, mining, energy transmission and, increasingly, power-intensive digital infrastructure. For residential investors, the key theme is not one single project, but the layering of multiple employment drivers in a small, supply-constrained rental market.