1057 Barclay Street, Vancouver, BC
Barclay Apartments is a 29 unit frame apartment building located in Vancouver’s West End. Built in 1955, the subject property features secure underground parking, hardwood floors & storage.
Barclay Apartments is extraordinarily well located in the West End. While in a quiet area, it is only a few minutes walk to the City’s downtown core, transportation, shopping & YMCA, providing affordable accommodation to its tenants.
– Nice landscaping and very attractive entrance
– Secured parking for 13 cars plus 4 surface parking
– Two washers/dryers – leased from Phelps
– All hardwood floors
– Locker area for 30 suites
– Large workshop
The owners have replaced the roof, windows, and hot water tank. Piping and various suite upgrades including some appliances are still needed.
|Bachelor (well configured, larger than average)||No. units29|
|Financing||Treat as clear title.|
|Income and expenses|
Less Vacancy 1.5%
Normalized Expenses ($3,100/suite)
Net operating income
|Notes||Income annualized as of July 2005|
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.