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8851 Granville St

12 Unit Block of Flats £2,760,023 (£230,002/Unit) 4.23% Net Initial Yield Vancouver, BC V6P 5A4

Block of Flats British Columbia Vancouver 8851 Granville St, Vancouver, BC V6P 5A4

Investment Highlights

  • Spacious lot
  • Close to Airport
  • Secure underground parking

Executive Summary

Incredible Opportunity! This 3.5-storey building, offers secure underground parking and comprises 12 individually strata-titled units. The entire building is currently fully occupied, generating a substantial rental income of almost 250k/yr. This presents an excellent opportunity for ongoing income generation or the potential to sell individual units in the future. This 12-unit building is strategically located on a spacious 66' x 99.5' lot, perfectly situated within the Marpole Community Plan. Comprising 2 studio apartment, 3 one bedroom units, 5 two bedroom units and 2 three bedroom units. Don't miss out - call today to schedule a tour and receive our comprehensive information package.

Property Facts

Price £2,760,023 Apartment Style Mid Rise
Price Per Unit £230,002 Building Class C
Sale Type Investment Lot Size 0.15 AC
Net Initial Yield 4.23% Building Size 38,476 SF
No. Units 12 Number of Floors 4
Property Type Residential Year Built 1989
Property Subtype Apartment
Price £2,760,023
Price Per Unit £230,002
Sale Type Investment
Net Initial Yield 4.23%
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.15 AC
Building Size 38,476 SF
Number of Floors 4
Year Built 1989

Unit Amenities

  • Washer/Dryer
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (90)
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.®
Learn How It Works Detailed Scores

zoning

Zoning Code RM-3A (medium density residential development)
RM-3A (medium density residential development)
(778) 389-9947

  • Listing ID: 29980959

  • Date on Market: 06/11/2023

  • Last Updated:

  • Address: 8851 Granville St, Vancouver, BC V6P 5A4

The City of Vancouver Non Core Residential Property at 8851 Granville St, Vancouver, BC V6P 5A4 is currently available. Contact Royal Pacific Realty for more information.

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© 2024 CoStar Group

8851 Granville St
(778) 389-9947 x

8851 Granville St

Vivian Jiang

(778) 389-9947

(778) 389-9947

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