44-Unit Townhouse Complex in Maple Ridge | $10.83M Transaction

Successful ful Acquisition of 44-Unit Townhouse Complex in Maple Ridge

Case Study: Navigating Complex Transactions to Secure a Profitable Townhome Investment

On June 1, 2017, Sam Emam and his team successfully facilitated the acquisition of a 44-unit townhouse rental complex located at 20834 Dewdney Trunk Road in Maple Ridge. The property was purchased for $10,831,000.54 with a stabilized cap rate of 4.9%. This transaction highlights Sam and his team’s ability to identify strategic investment opportunities and deliver value for their clients in a competitive market.

Transaction Details

  • Address: 20834 Dewdney Trunk Road, Maple Ridge

  • Sale Price: $10,831,000.54

  • Sale Date: June 1, 2017

  • Cap Rate: 4.9% (Stabilized)

  • Number of Units: 44 Townhomes

Property Overview

This 44-unit townhouse rental complex presented a unique investment opportunity due to its strong cash flow and long-term appreciation potential. The well-maintained property is situated in a desirable area of Maple Ridge, offering convenient access to major transportation routes, shopping centers, and community amenities. The stabilized cap rate of 4.9% ensured the property provided strong, immediate returns for the buyer.

Neighborhood Benefits

Located in Maple Ridge, the property is near various retail amenities, parks, and schools, creating a desirable living environment for tenants. The area’s continued growth and improved infrastructure positioned the complex as an attractive investment within a rapidly developing community.

Client Relationship and Market Strategy

The client engaged Sam and his team for their proven expertise in the multifamily investment sector. Recognizing the competitive nature of the Maple Ridge market, Sam’s team worked closely with the client to identify an asset that aligned with their investment goals. The team prepared a comprehensive due diligence package, collaborated with the seller’s representatives to ensure a smooth transaction, and provided valuable insights throughout the process. By leveraging their network, marketing strategies, and industry knowledge, Sam and his team facilitated a seamless acquisition process.

Market Insights

The Maple Ridge rental market demonstrated consistent demand, with stable occupancy rates and continued growth in rental values. The property’s established tenant base and desirable townhouse layout further reinforced its investment appeal. By targeting stabilized income properties in growth markets, Sam’s team positioned their client to achieve both immediate returns and long-term value appreciation.

Conclusion

This successful acquisition highlights Sam and his team’s ability to identify high-performing multifamily investment opportunities and deliver results that align with their clients’ goals. The transaction underscores their commitment to guiding investors through complex acquisitions with expertise and professionalism.

Testimonial

“Thanks to Sam and his team for facilitating our purchase of a 44-unit townhome rental complex in Maple Ridge.”

— Lily Thai, Director Acquisitions | CAPREIT

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