This 2-story 12-unit apartment building is comprised of 1-bedroom units and a single bachelor unit. The Vendor made the sale of this property contingent to buying 33554 Switzer Ave Abbotsford alongside it. TDI managed to acquire this asset at 1.44M with seller financing in place which was a win/win and ideal scenario for both the Seller and the Buyer. Mission was largely under-performing only seeing an average rent of $645 per unit in a market beginning to get much higher demand. With this upward pressure in the market, we were able to achieve a new average rent of $1,320 per unit and a stabilized asset value of 2.7M.