1025 Chilco St - Apartments FOR SALE
Vancouver, BC V6G 1N5 |
$12,900,000 CAD
604-638-2121
1025 Chilco St
Vancouver, BC V6G 1N5
HIGHLIGHTS
- Opportunity to purchase a well maintained, 30 unit apartment building located West of Denman in Vancouver's most sought-after rental market
- With solid rents in place the property still has upside upon turnover of rents
- Including an average of $1,433 for the bachelor units, $1,745 on the 1-bedroom units and $2,601 on the 2-bedroom units
- Unique property offering additional storage, including 10 separate garages, a workshop, a large laundry room w/ bike storage & additional storage room
OVERVIEW
Coming to market for the first time, this property has been well maintained with spacious units and an excellent suite mix, including 13 bachelors, 1 4 x 1-bedrooms and 3 x 2-bedrooms, including a penthouse units with roof top patio.
Located West of Denman, one of the most sought-after markets in Vancouver, the property is well positioned within walking distance to Stanley Park, English Bay and the amenities of the West End.
FOR SALE DETAILS
PRICE
$12,900,000 CAD
PRICE/SF
$450 CAD /SF
# OF UNITS
30
PRICE/UNIT
$430,000
CAP RATE
3.25%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Erwill Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1952
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,678 SF
ZONING
RM-5B
APN/PARCEL ID
015212211
ASK ABOUT THIS PROPERTY
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604-638-2121
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604-638-2121
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