7657 Cambie St - Apartments FOR SALE


Vancouver, BC V6P 3H8
$72,000,000 CAD
604-647-1352
7657 Cambie St, Vancouver, BC for Sale
$72,000,000 CAD
Apartments - FOR SALE
1/1
null | 3.94% Cap Rate

7657 Cambie St
Vancouver, BC V6P 3H8


HIGHLIGHTS

  • Mix of student housing and furnished market rental apartments (65% student housing, 35% market rental)
  • Bare trust opportunity (potential for property transfer tax savings)
  • Treat as clear title

OVERVIEW

Rare opportunity to acquire a transit-oriented 129-unit purpose-built rental apartment building with flexible investment strategies

FOR SALE DETAILS

PRICE

$72,000,000 CAD

PRICE/SF

$745 CAD /SF

# OF UNITS

129

PRICE/UNIT

$558,140

CAP RATE

3.94%

% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GEC Pearson

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2018

PARKING SPACES

69

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,202 SF

ZONING

-

APN/PARCEL ID

029-533-651

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.