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The Henlyn

1225 West 13th Avenue, Vancouver

SOLD $2,150,000

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Price$2,150,000

Units14

Year built1961

Lot size50' x 125'

ZoningRM-3

Price/unit$153,571

Cap rate4.1%

GIM16.9

PID014-678-390

Legal descriptionLot 13, Blk 413, DL 526, Plan 1276

Sale price$2,150,000

Sale date01/01/2007

Overview

The Henlyn is a wood frame, 14 unit, walk up apartment building in good condition located in Vancouver’s desirable South Granville neighbourhood.

Improvements

-Surface parking for 5 cars
-Roof and piping are in satisfactory condition
-Approx. 50% of appliances replaced last 10 years
-Building heated by “Super Hot” w/ RUUD water tank
-14 lockers
-Washer/dryer owned by building

Show less

	No. units
Bachelor	No. units12
Two Bedroom	No. units1
Two Bedroom + Den	No. units1

Financials

Financing	Clear title.
Taxes 2006	$7,799.61
Income and expenses	Effective gross Operating expenses Net operating income	Effective gross$127,230 Operating expenses(40,086) Net operating income$87,144
Notes	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.