3848 Pender St - Apartments FOR SALE


Burnaby, BC V5C 2L5
$10,700,000 CAD
604-675-5267
3848 Pender St, Burnaby, BC for Sale
$10,700,000 CAD
Apartments - FOR SALE
1/3
null | 3.49% Cap Rate

3848 Pender St
Burnaby, BC V5C 2L5


OVERVIEW

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present for sale Chalet Pender, a 36-unit multifamily rental asset located at 3848 Pender Street, Burnaby, BC (the “Property”). Situated on a large 24,382 sf lot Chalet Pender presents investors with the opportunity to acquire a professionally managed building maintained to a high standard in the established Burnaby Heights neighbourhood. The extensive capital upgrades and proven renovation program allow future ownership to unlock the property’s full rental potential upon tenant turnover with minimal capital outlay.

FOR SALE DETAILS

PRICE

$10,700,000 CAD

PRICE/SF

$454 CAD /SF

# OF UNITS

36

PRICE/UNIT

$297,222

CAP RATE

3.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chalet Pender

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,343 SF

ZONING

RM3

APN/PARCEL ID

003-319-334

ASK ABOUT THIS PROPERTY

Patrick McEvayMarcus & MillichapMore Info
604-675-5267

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Patrick McEvayMarcus & MillichapMore Info
604-675-5267

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