Multifamily in Richmond available for sale
8

Apartment Buildings for Sale in Richmond

Richmond Apartment Building for Sale

More details for 6033 London Rd, Richmond, BC - Multifamily for Sale

London Station - 6033 London Rd

Richmond, BC V7E 0A7

  • Office/Retail for Sale
  • $744,000 - $750,000 CAD
  • 920 - 934 SF
  • 2 Units Available
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More details for 8415 Granville St, Vancouver, BC - Multifamily for Sale

W68 - 8415 Granville St

Vancouver, BC V6P 4Z9

  • Office and Retail for Sale
  • $2,699,400 - $3,580,000 CAD
  • 797 - 2,110 SF
  • 4 Units Available
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More details for 6888 River Rd, Richmond, BC - Multifamily for Sale

River Park Place - 6888 River Rd

Richmond, BC V7C 4N3

  • Retail for Sale
  • $2,730,000 CAD
  • 2,274 SF
  • 1 Unit Available
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More details for 10155 River Dr, Richmond, BC - Multifamily for Sale

Parc Riveria - 10155 River Dr

Richmond, BC V6X 0L3

  • Retail for Sale
  • $926,000 CAD
  • 1,644 - 2,485 SF
  • 2 Units Available
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More details for 8738 French St, Vancouver, BC - Multifamily for Sale

French Court Apartments - 8738 French St

Vancouver, BC V6P 4W7

  • Multifamily for Sale
  • $12,995,000 CAD
  • 30,000 SF
  • Kitchen

Vancouver Multifamily for Sale - City of Vancouver Non Core

Located in the heart of Vancouver’s desirable Marpole neighborhood, French Court Apartments presents a rare opportunity to acquire a well-maintained, 39-suite rental apartment building with significant upside potential. Constructed in 1986, this three-storey wood-frame property features a distinctive Colonial-style design with a large arched entrance leading to a private tiled courtyard, offering both charm and curb appeal. The building sits on a generous 20,976 SF parcel with 150 feet of frontage along French Street, just steps from the vibrant Granville Street commercial corridor. Tenants benefit from immediate access to grocery stores, restaurants, schools, parks, and frequent transit service connecting to Downtown Vancouver, YVR Airport, and Richmond. Marine Gateway and the Canada Line SkyTrain are only minutes away, enhancing connectivity across Metro Vancouver. French Court has undergone extensive capital improvements, including full window replacements, exterior façade upgrades, and renovations to over half the suites. Each unit is equipped with electric baseboard heating and individual hot water tanks, all recently replaced. Heat, hot water, and electricity are separately metered and tenant-paid, ensuring operational efficiency and reduced ownership costs. Current rents are approximately 40% below market, offering investors the opportunity to increase cash flow and yield through turnover and continued suite upgrades. With a historically stable occupancy rate and strong rental demand in Marpole, this asset is well-positioned for long-term growth. The area’s ongoing redevelopment, including the upcoming Marpole Community Centre and expanded public library, further enhances the investment appeal.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-09-15

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More details for 8665 Osler St, Vancouver, BC - Multifamily for Sale

8665 Osler St

Vancouver, BC V6P 4E6

  • Multifamily for Sale
  • $6,250,000 CAD
  • 18,312 SF
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More details for 1225 W 72nd Ave, Vancouver, BC - Multifamily for Sale

Tiffany Court - 1225 W 72nd Ave

Vancouver, BC V6P 3C5

  • Multifamily for Sale
  • $4,250,000 CAD
  • 5,750 SF
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More details for 7657 Cambie St, Vancouver, BC - Multifamily for Sale

GEC Pearson - 7657 Cambie St

Vancouver, BC V6P 3H8

  • Multifamily for Sale
  • $72,000,000 CAD
  • 96,605 SF
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Apartment Buildings for Sale in Richmond

View All Available Listings
How many apartment buildings are available for sale in Richmond?
There are currently 13 apartment buildings available for sale in Richmond, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Richmond?
The average size of apartment buildings available for sale in Richmond is about 12,653 SF. The largest apartment buildings available to buy is 96,605 SF and the smallest is 797 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Richmond?
The average market cap rate for apartment buildings for sale is about 3.81% based on data provided in Richmond. Learn more about how cap rates are calculated.