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$5,000,000
Est. payment /mo
8,113 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,113 sqft
Price per Sqft $616
MLS® Listing ID C8066769
Year Built 1927
Lot Size 7,812 Sqft
Acres 7812.0
Source Greater Vancouver REALTORS®
Property Description
Opportunity to acquire a 100% freehold interest in Santa Monica Apartments, located in Vancouver's desirable South Granville neighbourhood. The property consists of a 7,813 SF site and is improved with a well-maintained 13-unit, two-story apartment building circa 1927. The property offers investors stable cash flow with significant revenue upside as tenancies turnover. The current land use designation under the Broadway Plan allows for a maximum 20-storey secured rental building up to 6.5 FSR with a minimum of 99 feet of frontage, offering attractive redevelopment potential. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by Macdonald Commercial Real Estate Services Ltd.
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