1827 12th ave
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1827 12th ave
7 Unit Apartment Building $5,190,000 CAD ($741,429 CAD/Unit) 1.93% Cap Rate Vancouver, BC V6J 2E7
Executive Summary
1827 W 12th, Vancouver, V6J 2E7, legal side by side duplex with 7 Licensed suites, fully leased at $130,000/year Gross and $100,000 Net. Great potential to assemble with the 2 neighbouring lots and build a 4 story purpose built rental building or strata building (call listing agent for more details) Property lies in the Broadway Corridor plan and is close to the new Broadway Sky-train Line (Arbutus and Broadway and Granville and Broadway) Room measurements are for the one side of the duplex. All measurements are approximate and need to be verified by the Buyer.
Property Facts
Price | $5,190,000 CAD | Apartment Style | Low Rise |
Price Per Unit | $741,429 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.17 AC |
Cap Rate | 1.93% | Building Size | 5,130 SF |
No. Units | 7 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1928 |
Property Subtype | Apartment |
Price | $5,190,000 CAD |
Price Per Unit | $741,429 CAD |
Sale Type | Investment |
Cap Rate | 1.93% |
No. Units | 7 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 5,130 SF |
No. Stories | 2 |
Year Built | 1928 |
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1827 12th ave
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