Multi Family

8755 OAK Street
Marpole Vancouver V6P 4B4

$3,895,000
Multi-Family Commercial

Main Photo: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 1: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 2: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 3: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 4: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 5: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 6: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 7: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 8: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 9: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 10: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 11: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 12: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 13: 8755 OAK Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8021890
Photo 14: 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: 60)
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:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Larger map options:
Listed by Avison Young Comm. R.E. Inc.
Data was last updated March 22, 2019 at 03:10 AM (UTC)
Bruce Long CCIM, FRI
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.