225 W 10th Ave - Apartments FOR SALE


Vancouver, BC V5Y 1R9- Mount Pleasant
$5,250,000 CAD
604-662-2654
225 W 10th Ave, Vancouver, BC for Sale
$5,250,000 CAD
Apartments - FOR SALE
1/2
null | 1.19% Cap Rate

225 W 10th Ave
Vancouver, BC V5Y 1R9
Mount Pleasant


HIGHLIGHTS

  • Located ~300 metres from the Broadway-City Hall SkyTrain Station
  • Retail amenities nearby
  • High exposure location

OVERVIEW

We are pleased to announce the opportunity to purchase this 10 suite apartment building with potential to develop up to 20 storeys and 42,471 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. Only 300 metres from the Broadway-City Hall SkyTrain Station, this location provides easy access to the Canada Line and the future Broadway Line. The Broadway Subway Project is a 5.7 km extension of the Millennium Line, from VCC-Clark Station to Broadway and Arbutus. It will provide fast, frequent and convenient SkyTrain service to B.C.’s second largest jobs centre, world-class health services, and emerging innovation and research hub, and growing residential communities.

FOR SALE DETAILS

PRICE

$5,250,000 CAD

PRICE/SF

$595 CAD /SF

# OF UNITS

12

PRICE/UNIT

$437,500

CAP RATE

1.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RM-4

APN/PARCEL ID

002-453-762

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.