Overview
James Lodge is a beautiful 11 suite frame apartment building in pristine condition centrally located next to the Oak St. corrider and 2 blocks to Vancouver General Hospital.
Improvements
– Attractive landscaping and entrance –
– Central location, close to VGH and Oak Street corridor
– Immaculate laundry area -Surface parking for 5 cars
– Hardwood in 9 of 11 suites.
Recent Upgrades
– Ongoing countertop and cabinet renewal
– Appliances and flooring being replaced as required
– Four year old hot water tank
– Copper piping replaced approximately 10 years ago
– Bathrooms all modernized
– Roof has been repaired.
Rent Roll & Statements
Please download rent roll and statement above.
Suite mix
| No. units | |
|---|---|
| 1 Bedroom | No. units9 |
| 2 Bedroom | No. units2 |
Financials
| Financing | Clear title | |
|---|---|---|
| Assessment 2004 | Land Building Total | Land$555,000 Building$809,000 Total$1,364,000 |
| Taxes 2004 | $8,655.79 | |
| Income and expenses | Gross income Less Vacancy 1.5% Effective gross 2003 Expenses ($2,963/unit) Net operating income | Gross income$105,840 Vacancy($1,587) Effective gross$104,253 Operating expenses(31%) -$32,602 Net operating income$71,651 |
| Notes | Annualized as of August 2004 | |
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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