- Prop. Type:
- Multi-Family Commercial
- Build. Type:
- Multiple Tenant/Multi-Plex (5+)
Rare 8 Suite Licensed Apartment Building, in Prime Location, across from City Hall & walking distance to Cambie Street & West Broadway Shops, Transportation, Skytrain, and just minutes to Downtown and Airport. All Self Contained Suites with Gas & Hydro Meters, storage lockers, bike lockers & doorbell, sep manager office. Bldg is in good condition, with approx 5350 SF on 4 levels containing 2 X 2 Bdrm, 4 X 1 Bdrm and 2 Studio Suites. All units have hard wired smoke detectors, some with vaulted ceilings, views, decks. Gross Income/yr currently $133,332 (including parking & laundry) with expenses approx. $26,000/yr for a Net Income $107,332/yr, Cap Rate 3.7% with upside. This is a great investment, easy to manage, stable quality tenancies in an amazing location. Call Bob Bracken @ 604-220-2035 for Info Pkg, Viewings, All Details, & to Discuss Real Estate. This Showing Wed Feb 27th @ 3:00pm gone by 4:00m IS NOW CANCELLED.