2181 40th Ave W - Apartments FOR SALE


Vancouver, BC V6M 1W4
$4,750,000 CAD
604-647-1352
2181 40th Ave W, Vancouver, BC for Sale
$4,750,000 CAD
Apartments - FOR SALE
1/9
null | Request Cap Rate

2181 40th Ave W
Vancouver, BC V6M 1W4


HIGHLIGHTS

  • Excellent location one block north of West 41st Avenue in close proximity to shopping, amenities, and public transit
  • Three-storey walk up building (no elevator)
  • Surface stalls at the rear of the building
  • Updated windows throughout the building
  • Roof is ±5 years old

OVERVIEW

The Avison Young Multi-Family Team is pleased to market for sale The Glenayre located at 2181 West 40th Avenue, Vancouver, BC. The Property is a well-maintained 10-unit rental apartment building with significant potential for rental upside. This is a fantastic acquisition opportunity for value-add investors.

FOR SALE DETAILS

PRICE

$4,750,000 CAD

PRICE/SF

$802 CAD /SF

# OF UNITS

10

PRICE/UNIT

$475,000

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

1958

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,925 SF

ZONING

RM-3

APN/PARCEL ID

004705793

ASK ABOUT THIS PROPERTY

Carey BuntainAvison YoungMore Info
604-647-1352

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Carey BuntainAvison YoungMore Info
604-647-1352

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