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Hollyhill Towers 1665 Duchess Ave

30 Unit Block of Flats For Sale West Vancouver, BC V7V 1P7

Investment Highlights

  • Location of the Property provides some of the most stunning views of Vancouver’s skyline, Stanley Park, Mt. Baker, Vancouver Island
  • The building is maintained to an exceptional standard benefiting from consistent capital upgrades being applied to the asset
  • Concrete mid-rise multifamily improvement houses

Executive Summary

Hollyhill Towers was acquired by Lantern Properties when it was built in 1964 and has been owned and operated by the same ownership and asset management for over 60 years. The concrete mid-rise multifamily improvement houses 30 rental homes comprised of approximately 24,735 sf of rentable area. The building is maintained to an exceptional standard benefiting from consistent capital upgrades being applied to the asset. The location of the Property provides some of the most stunning views of Vancouver’s skyline, Stanley Park, Mt. Baker, Vancouver Island and of course the iconic North Shore HOLLYHILL TOWERS 1 665 DUCHESS AVE Suite Mix One Bedroom Suites = 20 Two Bedroom Suites = 10 Building Structure Concrete Mid-Rise Laundry Common Heat Elevator Parking Natural Gas Fired Boiler, Radiant Heat Hydraulic Surface Stalls PROPERTY & SUITE UPGRADES Summary of Capital Improvements and Suite Upgrades Available in C&W Data Room Mountain range. Proposed increase from 1.75 to 3.0 FAR. 1 year Gross Potential Revenue is $624,810.

Attachments

Brochure

Property Facts

Sale Type Investment
No. Units 30
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.36 AC
Building Size 24,735 SF
Number of Floors 6
Year Built 1964

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 30 - -
Walk Score ®
Walker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM-2
RM-2
  • Listing ID: 33378488

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 1665 Duchess Ave, West Vancouver, BC V7V 1P7

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