Casa Place

1415 Chesterfield Avenue, North Vancouver, BC

$2,600,000

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Price$2,600,000

Units16

Year built1950's

Lot size12,568 sq. ft.

ZoningMultifamily

Price/unit$162,500

Cap rate4.43%

GIM15.6

PID008-811-946

Legal descriptionLot A, BLK 48 E PTN, DL 548, LD 37, PL 12729

Overview

Casa Place is a 16 unit frame apartment building located in the central Lonsdale area of North Vancouver. Built in the 1950’s, the subject property features an excellent suite mix, balconies, parking, hardwood floors and many upgrades. NEW LISTING. OFFERS WELCOME

Recent Upgrades

All main lines redone and shut-off valves All new balconies last 3 years New H/W Furnace 2005 New Boiler 1992 Roof 1989 H/W Floors

Show less

	No. units
Bachelor	No. units1
1 Bedroom	No. units9
2 Bedroom	No. units6

Financials

Financing	Treat as clear title.
Assessment 2006	Land Building Total	Land$1,145,000 Building$557,000 Total$1,702,000
Taxes 2005	$9,991.78
Income and expenses	Effective gross Operating expenses Net operating income	Effective gross$166,260 Operating expenses$51,025 Net operating income$115,235

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