sold exclusively through direct-to-buyer negotiation

sold

10 Nov

no buyer’s agent involved
brokered direct to network
professionalism to closing

            $1,900,000
            sold
        
            address
            11608 10 St, Dawson Creek
        
            lot size
            27,007 SF
        
            zoning
            RM-1
        
            units
            25
        
            year built
            1979

listing
description

Northern Lights Apartments — a 25-unit apartment building in Dawson Creek — sold for $1.9 million in a transaction that exemplifies what an experienced independent broker can deliver. I represented the seller exclusively and sourced the buyer directly through my own network. There was no buyers’ agent. Every step of this deal — from initial introduction to final closing — was handled personally, with full adherence to professional standards, agency obligations, and the Real Estate Services Act.

The buyer was unrepresented, but not unsupported. I qualified them, facilitated due diligence, wrote and negotiated the offer, and guided both parties all the way through a smooth and successful close. This is a key advantage I bring as a solo broker: I can directly match serious buyers with listings, reduce friction, and get results — all without compromising professional integrity.

investment
thesis

A well-located, income-producing rental building with a proven track record, reliable tenancy, and stable operating profile in a resource-driven growth market.

policy
context

Zoned RM-1, the site supports low-rise multifamily housing and aligns with Dawson Creek’s housing policy goals. Located steps from Northern Lights College and near transit and services, the asset is well-positioned for long-term occupancy and rental stability.

buyer
appeal

This was a rare opportunity to acquire a building held by the same owner for over 30 years. Professionally managed, well-maintained, and fully tenanted, the building offered immediate cash flow with minimal operational complexity.

For an out-of-town investor, the presence of a live-in manager added further confidence. The buyer was sourced directly through my network and supported through every stage of the transaction with clear communication, structured guidance, and respect for agency boundaries — a clean, well-executed deal from start to finish.

Brokered direct to buyer
No co-op commission paid
Fully tenanted income asset

specifications

Sold Price: $1,900,000
Price Per Unit: $76,000
Total Units: 25
Suite Mix: 13 x Bachelor, 12 x One-Bedroom
Rentable Area: 16,500 SF
Lot Size: 27,007 SF (0.62 acres)
Zoning: RM-1
Year Built: 1979
Parking: 30+ Paved Surface Stalls
Tenant Amenities: Storage lockers, block heater plugs, shared laundry, live-in manager
PIDs: 012-888-699, 012-888-702, 012-888-711
Legal Description: Lot 8, 9 & 10 Plan PGP9144 Section 10 Township 78 Range 15 Meridian Land District 44
Civic Address: 11608 10 St, Dawson Creek, BC V1G 3V3