8851 Granville St - Apartments FOR SALE


Vancouver, BC V6P 5A4
$5,000,000 CAD
778-389-9947
8851 Granville St, Vancouver, BC for Sale
$5,000,000 CAD
Apartments - FOR SALE
1/5
null | 4.23% Cap Rate

8851 Granville St
Vancouver, BC V6P 5A4


HIGHLIGHTS

  • Spacious lot
  • Secure underground parking
  • Close to Airport

OVERVIEW

Incredible Opportunity! This 3.5-storey building, offers secure underground parking and comprises 12 individually strata-titled units. The entire building is currently fully occupied, generating a substantial rental income of almost 250k/yr. This presents an excellent opportunity for ongoing income generation or the potential to sell individual units in the future. This 12-unit building is strategically located on a spacious 66' x 99.5' lot, perfectly situated within the Marpole Community Plan. Comprising 2 studio apartment, 3 one bedroom units, 5 two bedroom units and 2 three bedroom units. Don't miss out - call today to schedule a tour and receive our comprehensive information package.

FOR SALE DETAILS

PRICE

$5,000,000 CAD

PRICE/SF

$130 CAD /SF

# OF UNITS

12

PRICE/UNIT

$416,667

CAP RATE

4.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,402 SF

ZONING

RM-3A

APN/PARCEL ID

013-640-453,013-640-461,013-640-488,013-640-496,013-640-518,013-640-526,013-640-534,013-640-542,013-640-569,013-640-577,013-640-585,013-640-593

ASK ABOUT THIS PROPERTY

Vivian JiangRoyal Pacific RealtyMore Info
778-389-9947

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Vivian JiangRoyal Pacific RealtyMore Info
778-389-9947

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