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1176 W 11th Ave
Vancouver, BC V6H 1K4
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Located ~340 m from the future Oak Street Broadway Line Sation.
- Strong holding income with high density development potential.
- Located in the amenity rich Mount Pleasant Neighborhood, one block from West Broadway, bolstered by a variety of cafes, restaurants and retail stores.
- Significant Income upside upon tenant turnover.
EXECUTIVE SUMMARY
We are pleased to announce the opportunity to purchase this 10 suite apartment building with potential to develop up to 20 storeys and 40,625 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. This site is located only 340 metres from the future Oak Street Broadway Line Station, in the amenity rich Mount Pleasant Neighbourhood, one block from West Broadway, bolstered by a variety of cafes, restaurants and retail stores.
PROPERTY FACTS
| Price Per Unit | $376,096 USD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| No. Units | 10 | Building Size | 10,176 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1957 |
| Zoning | R3-3 - Residential | ||
| Price Per Unit | $376,096 USD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 10,176 SF |
| No. Stories | 3 |
| Year Built | 1957 |
| Zoning | R3-3 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
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