Price$1,750,000
Units12
Lot size50' x 125'
ZoningRM-3
Price/unit$145,833
Cap rate3%
GIM16.1
PID014-665-433
Legal descriptionLot 7, BLK 452, DL 526, LD36, Plan 1276
Sale price$1,725,000
Sale date11/01/2005
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
Suite mix
| No. units | |
|---|---|
| Sleeping room | No. units1 |
| Bachelor | No. units2 |
| One Bedroom | No. units9 |
Financials
| Financing | Clear 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 |
| Notes | For 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 Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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