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6832 Arcola St 10 Unit Apartment Building $2,778,712 USD ($277,871 USD/Unit) Burnaby, BC V5E 1H3
INVESTMENT HIGHLIGHTS
- New roofs, new windows, new boiler and furnace and painting and laminate flooring.
- Well-maintained 10-unit apartment building with responsible tenants ensuring consistent cash flow.
- Immediate rental income combined with strong future growth prospects.
- Very good location with good tenants.
- Valuable long-term investment with potential for redevelopment into a mid-rise project.
EXECUTIVE SUMMARY
Well maintained 2 storey,10 units apartment building. Renovated building. New roofs, new windows, new boiler and furnace and painting and laminate flooring. Very good location with good tenants. Very strong consistent cash flow location, good holding property with potential for midrise development.
PROPERTY FACTS
| Price | $2,778,712 USD | Apartment Style | Low-Rise |
| Price Per Unit | $277,871 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Sale Condition | Redevelopment Project | Building Size | 8,000 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Zoning | RM3 - Multiple Dwelling District | ||
| Price | $2,778,712 USD |
| Price Per Unit | $277,871 USD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 8,000 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | RM3 - Multiple Dwelling District |
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Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (81)
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Republique Group
6832 Arcola St
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