1455 West 71st Ave - Apartments FOR SALE


Vancouver, BC V6P 3B6
$7,680,000 CAD
604-790-7089
1455 West 71st Ave, Vancouver, BC for Sale
$7,680,000 CAD
Apartments - FOR SALE
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null | Request Cap Rate

1455 West 71st Ave
Vancouver, BC V6P 3B6


OVERVIEW

The Aspen presents investors the opportunity to purchase a well-positioned multifamily asset in Vancouver's Marpole neighbourhood with the opportunity to continue adding value on tenant turnover. The building has been self-managed and well cared for over the course of ownership. Recent upgrades include new decks, balcony railings, upgraded electrical panels, and hot water tank. Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring. These suites are currently achieving above market rents, paving the way for a future owner to continue the program on tenant turnover and further bolster gross revenues. on a large 13,000 sf lot, boasting an excellent walk score of 89, showcasing the property's terrific proximity to shops, transit, restaurants, and amenities along Granville Street

FOR SALE DETAILS

PRICE

$7,680,000 CAD

PRICE/SF

$591 CAD /SF

# OF UNITS

21

PRICE/UNIT

$365,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aspen

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,000 SF

ZONING

-

APN/PARCEL ID

007-730-985,007-731-019

ASK ABOUT THIS PROPERTY

James BlairMarcus & MillichapMore Info
604-790-7089

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James BlairMarcus & MillichapMore Info
604-790-7089

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