604-640-5871
1016 8th Av E, Vancouver, BC for Sale
Apartments - FOR SALE
1/6
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1016 8th Av E
Vancouver, BC V5T 1T9
Mount Pleasant


OVERVIEW

Cushman and Wakefield on behalf of Lantern Properties, proudly presents Arla Manor located at 1016 East 8th Avenue in Vancouver’s Mount Pleasant neighbourhood. Arla Manor is a four-storey, wood-framed low-rise apartment block which houses 35 rental suites comprised of approximately 20,331 sf of rentable area. The building is maintained to an exceptional standard benefiting from consistent capital upgrades being applied to the asset. Situated in Vancouver’s Mount Pleasant neighbourhood, and falls within the City of Vancouver’s recently adopted Broadway Plan. Given the street frontage of the Property and its proximity to a rapid transit station (Broadway / Commercial Expo Line), Lantern Properties has submitted a rezoning inquiry as a vital component of Vancouver’s recently adopted Broadway Plan, aimed at expanding the rental stock with 140 brand new rental units housed in a 20-storey high-density tower.

FOR SALE DETAILS

PRICE

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# OF UNITS

35

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arla Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,960 SF

ZONING

-

APN/PARCEL ID

007-316-208

ASK ABOUT THIS PROPERTY

David VenanceCushman & WakefieldMore Info
604-640-5871

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David VenanceCushman & WakefieldMore Info
604-640-5871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.