The property consists of 8 total units across three residential structures on a 1.17-acre parcel with frontage along NE Fourth Plain Boulevard, one of East Vancouver’s primary commercial corridors. The asset offers a lower density site plan than many competing multifamily assets and presents a rare small-balance repositioning opportunity. Several units are occupied and generating income, while others are vacant and require varying degrees of improvement before re-lease - allowing a buyer to phase capital expenditures rather than immediately displacing the entire rent roll.