Sold

1336 West 14th Avenue

Vancouver

Apartment Building
12 Suites

SOLD $1,725,000

Overview

The subject property is an 11 suite frame apartment building located on West 14th Ave. between Hemlock St. and Birch St. in prime South Granville.

Description 1

Summary

Price$1,750,000
Units12
Price/Unit$145,833
Cap Rate3%
GIM16.1
Lot Size50' x 125'
ZoningRM-3
PID014-665-433
Sale Price$1,725,000
Sale Date11/01/2005

Suite Mix

 No. Units
Sleeping roomNo. Units1
BachelorNo. Units2
One BedroomNo. Units9

Financials

FinancingClear Title
Assessment 2005
Land
Building
Total
Land$610,000
Building$854,000
Total$1,464,000
Taxes 2004
$8,554.00
Income and Expenses
Effective Gross
Operating Expenses
Net Operating Income
Effective Gross$108,700
Operating Expenses(56,037)
Net Operating Income$52,633
NotesFor rent roll and income & expense statement, click here.

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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