Multi Family

8755 OAK Street
Marpole Vancouver V6P 4B4

$4,750,000
Multi-Family Commercial

Main Photo: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8021890
Build. Type:
Low Rise (2-4 stories)
Rare opportunity to acquire a well maintained value-add 15-unit rental apartment building along the Oak Street corridor. Tremendous upside in rents which are substantially below market. The Marpole Official Community Plan designates the site as medium density (2.50 FSR) purpose built rental opportunity securing long term value for any potential investor/developer.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete Block, Concrete, Wood Frame
Building Type:
Low Rise (2-4 stories)
Year built:
1959 (Age: 59)
Land Use/Zoning:
RM-3A
Taxes:
$10,533.21 / 2018
# Elevators:
0
Services Connected:
Fully Serviced
Water Supply:
Municipal
HVAC:
Hot Water
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by Avison Young Comm. R.E. Inc.
Listing information last updated on October 31, 2018 at 06:06 PM (UTC)
Bruce Long CCIM, FRI