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Crestview Manor

1811 Adanac Street, Vancouver, BC

$8,550,000

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Price$8,550,000

Overview

Crestview Manor is a low rise wood frame rental apartment building located in the heart of Vancouver’s trendy and vibrant Commercial Drive neighbourhood. Built in 1978, the property features 54 suites, 50 secure underground parking stalls, elevator, balconies/patios, professional landscaping, electric heat, large workshop and ample storage. Approx. 75% of the suites have amazing views of the North Shore Mountains, city skyline or harbour. Twelve of the suites are unique and extremely desirable and feature 2 levels with balcony and roof top deck. Nearly $1,000,000 has been spent to renovate the entire building including suites and common areas. PRICE REDUCTION, NOW ASKING $8,550,000; 5.34% Cap Rate

Executive Summary

For a complete information package including a current rent roll and operating statement, download the “Crestview Manor Information Package” above. For a detailed list of all renovations and costs thereof, please download the “List of Renovations”.

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