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1239 W 14th Ave 12 Unit Apartment Building $16,800,000 CAD ($1,400,000 CAD/Unit) 2.93% Cap Rate Vancouver, BC V6H 1P7
Investment Highlights
- Heavy day time foot traffic
- close to transit
- Lots of natural light
Executive Summary
1993-built, strata-titled rental apartment building, located in the heart of Fairview, offering significant rental upside, flexible exit options and future high density redevelopment potential.
Property Facts
| Price | $16,800,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $1,400,000 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 2.93% | Building Size | 15,063 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1993 |
| Zoning | R3-3 - Residential | ||
| Price | $16,800,000 CAD |
| Price Per Unit | $1,400,000 CAD |
| Sale Type | Investment |
| Cap Rate | 2.93% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 15,063 SF |
| No. Stories | 3 |
| Year Built | 1993 |
| Zoning | R3-3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Tile Floors
- Hardwood Floors
- Instant Hot Water
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100
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1239 W 14th Ave
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