1176 W 11th Ave - Apartments FOR SALE


Vancouver, BC V6H 1K4
$5,250,000 CAD
604-662-2654
1176 W 11th Ave, Vancouver, BC for Sale
$5,250,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1176 W 11th Ave
Vancouver, BC V6H 1K4


HIGHLIGHTS

  • Located ~340 m from the future Oak Street Broadway Line Sation.
  • Located in the amenity rich Mount Pleasant Neighborhood, one block from West Broadway, bolstered by a variety of cafes, restaurants and retail stores.
  • Strong holding income with high density development potential.
  • Significant Income upside upon tenant turnover.

OVERVIEW

We are pleased to announce the opportunity to purchase this 10 suite apartment building with potential to develop up to 20 storeys and 40,625 Square Feet of multi-family space. This building generates strong holding income with high density development potential and has significant income upside upon tenant turnover. This site is located only 340 metres from the future Oak Street Broadway Line Station, in the amenity rich Mount Pleasant Neighbourhood, one block from West Broadway, bolstered by a variety of cafes, restaurants and retail stores.

FOR SALE DETAILS

PRICE

$5,250,000 CAD

PRICE/SF

$516 CAD /SF

# OF UNITS

10

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-3

APN/PARCEL ID

003-509-010

ASK ABOUT THIS PROPERTY

Morgan IannoneColliersMore Info
604-662-2654

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Morgan IannoneColliersMore Info
604-662-2654

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