Sold

The Monterey

603 & 633 West 8th Avenue, Vancouver

Apartment Building
134 Suites

SOLD $23,400,000

Overview

The Monterey represents a rare opportunity to acquire a brand new multifamily rental complex – 134 strata titled units of concrete and frame construction.

Summary

Price$23,400,000
Units134
Cap Rate6.24%
Lot Size300' X 110' approx.
Sale Price$23,400,000
Sale Date09/15/2003

Suite Mix

 No. Units
BachelorNo. Units31
One Bedroom + DenNo. Units20
One BedroomNo. Units71
Two BedroomNo. Units9
Two Bedroom + DenNo. Units3

Financials

Income and Expenses
Net Operating Income
Net Operating Income$1,400,000

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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