1133 W 70th Ave - Apartments FOR SALE


Vancouver, BC V6P 2Y2
$9,900,000 CAD
604-726-0085
1133 W 70th Ave, Vancouver, BC for Sale
$9,900,000 CAD
Apartments - FOR SALE
1/4
null | 3.5% Cap Rate

1133 W 70th Ave
Vancouver, BC V6P 2Y2


OVERVIEW

This building is turnkey and exceptionally well run. Incredible Opportunity and potential for 6 storeys under the Marpole community plan. This 4-storey building offers secure 20 underground parking and comprises 26 unit apartment building are individually strata-titled units with elevator in the heart of Marpole area of Vancouver. The entire building is currently fully occupied, generating a substantial rental income. The building has been self-managed and well cared for over the course of ownership. This property is already stratified and any unit can be upgraded and sold for great profits individually. Subject site is located 2 blocks West of Oak street and easy access to Vancouver, Richmond and the Airport via Oak Street and Granville Street. 13 renovated units with the ability to increase current NOi with an update to the 13 remaining units. Separate Hot Water tanks. Separate laundry hookups in each unit.

FOR SALE DETAILS

PRICE

$9,900,000 CAD

PRICE/SF

$699 CAD /SF

# OF UNITS

26

PRICE/UNIT

$380,769

CAP RATE

3.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1995

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,395 SF

ZONING

RM-3A

APN/PARCEL ID

023-170-697,023-170-701,023-170-719,023-170-727,023-170-735,023-170-743,023-170-921,023-170-930,023-170-948

ASK ABOUT THIS PROPERTY

Sukhi AtwalCentury 21 Coastal Realty Ltd.More Info
604-726-0085

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

Sukhi AtwalCentury 21 Coastal Realty Ltd.More Info
604-726-0085

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