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GEC Pearson 7657 Cambie St 129 Unit Apartment Building $52,574,699 USD ($407,556 USD/Unit) 3.94% Cap Rate Vancouver, BC V6P 3H8
INVESTMENT HIGHLIGHTS
- Mix of student housing and furnished market rental apartments (65% student housing, 35% market rental)
- Treat as clear title
- Bare trust opportunity (potential for property transfer tax savings)
EXECUTIVE SUMMARY
Rare opportunity to acquire a transit-oriented 129-unit purpose-built rental apartment building with flexible investment strategies
PROPERTY FACTS
| Price | $52,574,699 USD | Building Class | B |
| Price Per Unit | $407,556 USD | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 96,605 SF |
| Cap Rate | 3.94% | Average Occupancy | 84% |
| No. Units | 129 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Parking Ratio | 0.93/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | CD-1 - Comprehensive Development | ||
| Price | $52,574,699 USD |
| Price Per Unit | $407,556 USD |
| Sale Type | Investment |
| Cap Rate | 3.94% |
| No. Units | 129 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.72 AC |
| Building Size | 96,605 SF |
| Average Occupancy | 84% |
| No. Stories | 6 |
| Year Built | 2018 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | CD-1 - Comprehensive Development |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- LEED Certified - Gold
- Bicycle Storage
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 59 | - | 488 |
| 1+1 | 29 | - | 462 - 543 |
| 2+1 | 41 | - | 609 - 713 |
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Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (85)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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GEC Pearson | 7657 Cambie St
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