FOR SALE - Alta Vista Manor Apartment Building Property ID: 400 8750 Selkirk Street, Vancouver
Unit Information
| Unit Number | Area (sqft) | Base Rent PSF | Operating Costs PSF | Monthly Rent |
|---|---|---|---|---|
| No units available. | ||||
Building Information
| Min. Floor Area | Max. Floor Area | Total Building Area Available |
| 450 sqft | 770 sqft | 17230 sqft |
| Lease Term | Option to Renew | Sublease |
| Unset | N/A | -- |
| Percentage Rent | Promo/Merch. Fund | Operating Costs |
| % | No | $ 117,839 |
| Last Modified | ||
| 4 months ago 2020-12-06 19:32 | ||
Property Description
FOR SALE
ALTA VISTA MANOR APARTMENT BUILDING
27 Suite 3 Storey + Penthouse
NOTE : UNDER CONTRACT
LOCATION:
Just North of West 72nd Avenue on Selkirk Street in South Vancouver. 2 Bocks West of Oak Street within Lower Hudson area of Marpole commuity surrounded by other multifamily dwellings. Located minutes from retail amenties on Granville Street, walking distance to Canada Line Gateway transit & 8 minutes from YVR via Arthur Laing Bridge.
LOT AREA:
3 Lots totaling 99' x 169.07 Feet = 16,731 Square Feet.
ZONING & LEGAL:
RM-3A Multiple Dwelling & Lots 4,5,6, Block C, Plan VAP1903, District Lot 318, NWD, PID 013-202-961 / 013-203-037 / 013-202-901
SEE FURTHER BUILDING & FINANCIAL DETAILS BELOW
Unit Description
BUILDING SUITES:
6 Bachelor
17 One Bedroom
3 Two Bedroom
2 Bedroom Penthouse
Total: 27 Suites
FINANCIALS:
Gross Income - $356,966.00
Gross Expenses - $117,839.00
Net Income - $239,127.00
Property Taxes: $26,568.80 (2020)
Assessments: $8,577,000.00 (2021)
BUILDING UPGRADES:
Re-pipe 2018, Interior Re-Painting 2018, Light Fixtures 2018, Hot Water Tank 2013, Roof is good condition.
BUILDING AGE:
1963
PARKING:
19 Stalls (12 covered + 7 open)
LIST PRICE: Note: UNDER CONTRACT
REDUCED $8,798,000.00 / $325,850.00 Per Suite.
All Offers are Subjet to Inspection of Suites. Not MLS.
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