8741 CARTIER STREET|Vancouver, British Columbia V6P4V3
Property Details
Multi-family
Description
MLS Number: C8070283
Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: N/A • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A
Description: Park Avon Apartments presents investors with an exceptional opportunity to purchase an upgraded and well performing rental complex in Vancouver. Located in the heart of the Marpole region, just steps from Granville Street, this building has significant upside on tenant turnover, and is poised for future redevelopment as the neighbourhood grows. Originally constructed in 1958, this 3 Storey investment is comprised of 10 large units; 9 One Bedrooms and 1 Three Bedroom unit. Featuring 10 storage lockers, 5 parking stalls, income generating shared laundry, numerous capital upgrades, and an entrance cap rate that is 44% higher than recent average Marpole sales, this investment is primed for future success and strong returns. This is a rare opportunity for investors looking to capitalize on an established, income-generating asset in a rapidly appreciating area. (36586184)
Agent Information: • Agents: Chris Hayne; Bill Jassal • Contact: 778-998-4663; 778-895-2726 • Brokerage: Royal LePage Sussex; Royal LePage Sussex • Website: http://www.royallepagesussex.com; http://www.royallepagesussex.com
Time on Realtor: 1 day ago
Location
Address
8741 CARTIER STREET|Vancouver, British Columbia V6P4V3
City
Vancouver
Features and Finishes
None
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