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Taylan Court

$ 8,750,000

1835 Piercy Avenue,

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Property Id : 29595
Price: $ 8,750,000
Property Lot Size: 2.31 ac
Year Built: 1965
Units: 40
PID: 000-013-731
Assessed Value: $7,211,000
Cap Rate: 5.24

About this property

This centrally located 40 unit townhouse complex has a great holding income, with a very healthy upside on turnover.  A prime suite mix of 2 and 3 bedroom units spread over 4 buildings all on a 2.31 acre lot.  This creates a perfect environment for growing families and individuals demanding more space.  Courtenay’s rental market is in high demand with very low rental stock and a vacancy rate around 0.9%.

Amenities and Features

Surface Parking
Central Location
Shared Laundry
Patio or Balconies
Storage in Unit


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