Multi Family

Forgot password Extend Verify Contact

7459 13TH Avenue
Edmonds BE Burnaby V3N 2E2

$6,250,000
Multi-Family Commercial

Main Photo: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
Photo 1: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
Photo 2: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
Photo 3: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
Photo 4: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8033291
Build. Type:
Low Rise (2-4 stories)
Avison Young is pleased to offer for sale a rare opportunity to purchase a 100% leased rental apartment building in the Edmonds neighbourhood of Burnaby. This supply constrained market suffers from a lack of rental housing options that has driven vacancy rates to sub 1% levels. San Juan Apartments is currently operating with twenty (20) rental apartment units and also has a unique opportunity to potentially add an additional two (2) units by demising and converting the first level storage area. Through tenant turnover, the property has the opportunity to modernize units for an increase in potential revenue and yield growth.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
20
# Storeys:
3.0
Year built:
1960 (Age: 60)
Land Use/Zoning:
RM2
Taxes:
$31,162 / 2020
Env Assmt Phase:
None
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:
  • Photo 1: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
    Photo 1 of 4
  • Photo 2: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
    Photo 2 of 4
  • Photo 3: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
    Photo 3 of 4
  • Photo 4: 7459 13TH Avenue in Burnaby: Edmonds BE Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8033291
    Photo 4 of 4
Larger map options:
Listed by Avison Young
Data was last updated August 13, 2020 at 04:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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.