2814 3rd Av W - Hospitality FOR SALE


Vancouver, BC V6K 1M7
$4,450,000 CAD
604-445-4596
2814 3rd Av W, Vancouver, BC for Sale
$4,450,000 CAD
Hospitality - FOR SALE
1/46
null | 5.2% Cap Rate

2814 3rd Av W
Vancouver, BC V6K 1M7


HIGHLIGHTS

  • Fully updated inside over 2 decades for maximum income and minimum running costs.
  • The property is turn-key furnished rental, purchase price includes websites, marketing, systems, all furnishings.
  • High value land asset with upside, location, location, location.

OVERVIEW

Turnkey investment (property+business) opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem!

FOR SALE DETAILS

PRICE

$4,450,000 CAD

PRICE/SF

$902 CAD /SF

# OF ROOMS

10

PRICE/ROOM

$445,000 {currency}

CAP RATE

5.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

-

YEAR BUILT

1912

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,960 SF

ZONING

RT-8

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mohsen EsfahaniRennie & Associates Realty Ltd.More Info
604-445-4596

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Mohsen EsfahaniRennie & Associates Realty Ltd.More Info
604-445-4596

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