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1455 West 71st Ave
Vancouver, BC V6P 3B6
Aspen · Multifamily Property For Sale
·
21 Units
EXECUTIVE SUMMARY
The Aspen presents investors the opportunity to purchase a well-positioned multifamily asset in Vancouver's Marpole neighbourhood with the opportunity to continue adding value on tenant turnover. The building has been self-managed and well cared for over the course of ownership. Recent upgrades include new decks, balcony railings, upgraded electrical panels, and hot water tank. Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring. These suites are currently achieving above market rents, paving the way for a future owner to continue the program on tenant turnover and further bolster gross revenues. on a large 13,000 sf lot, boasting an excellent walk score of 89, showcasing the property's terrific proximity to shops, transit, restaurants, and amenities along Granville Street
PROPERTY FACTS
| Price Per Unit | $365,714 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.33% | Lot Size | 0.30 AC |
| No. Units | 21 | Building Size | 13,000 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1965 |
| Zoning | RM-3A - Residential | ||
| Price Per Unit | $365,714 CAD |
| Sale Type | Investment |
| Cap Rate | 3.33% |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 13,000 SF |
| No. Stories | 4 |
| Year Built | 1965 |
| Zoning | RM-3A - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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