Overview
Marine Tower is a 13 suite, frame walk-up apartment building strategically located in Marpole for the proposed RAV Transit Line. Extensively renovated with spectacular views of the Fraser River.
Improvements
– Balconies/patios redone 2002
– Hardwood floors-all suites refinished except 3 units
– New hallway carpets
– Hallways painted
– Glass replaced for 8 windows
– New hot water tank 2002
– Eves painted 2003
– 11 fridges/9 stoves replaced 2004
– 13 lockers
Suite mix
| No. units | |
|---|---|
| Bachelor | No. units2 |
| One Bedroom | No. units9 |
| One Bedroom P/H | No. units1 |
| Two Bedroom | No. units1 |
Financials
| Financing | Clear Title | |
|---|---|---|
| Assessment 2004 | Land Building Total | Land$669,000 Building$306,000 Total$975,000 |
| Taxes 2004 | $6,162.17 | |
| Income and expenses | Effective gross 2003 Expenses Net operating income | Effective gross$111,480 Operating expenses(31,865) Net operating income$79,615 |
| Notes | Income annualized as of September 1, 2004. Please note that income includes $2400/year for laundry and $720/year for parking. 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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