Multi-Family

Main Photo: 8860 MONTCALM Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8019446
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8019446
Build. Type:
Low Rise (2-4 stories)
At $370k/per suite this offering is priced to sell! Opportunity to acquire a consistent cash flow producing West Side Rental Apartment Building at an East Side Price Per Door! The Crystal Court Apartments is a 3-Storey plus Penthouse, 24 suite rental apartment building located on a quiet tree lined street in the heart of Vancouver’s affluent Marpole neighborhood. The subject property is situated on a large 14,000 sq.ft. rectangular shaped site providing excellent curb appeal and is centrally located only a few block off the South Granville Retail Commercial Corridor and a host of tenant friendly amenities. The Crystal Court Apartments is also strategically located in close proximity to major bus routes and the new rapid transit “Marine Drive Station” that provides fast efficient access to the rest of Metro Vancouver. The Subject Property comprises large suites improved with hardwood flooring, with a majority of units improved with either a balcony or patio. Rents in the bldg are significantly under mkt.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Building Type:
Low Rise (2-4 stories)
Year built:
1964 (Age: 54)
Land Use/Zoning:
RM-3A
Taxes:
$17,220.73 / 2017
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$96,854
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 8860 MONTCALM Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8019446
    Photo 1 of 5
  • Photo 2: 8860 MONTCALM Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8019446
    Exterior
  • Photo 3: 8860 MONTCALM Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8019446
    Photo 3 of 5
  • Photo 4: 8860 MONTCALM Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8019446
    Photo 4 of 5
  • Photo 5: 8860 MONTCALM Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8019446
    Marpole
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Listed by CBRE Limited
Listing information last updated on December 6, 2018 at 01:06 AM (UTC)
CHARLES ZHOU PERSONAL REAL ESTATE CORPORATION