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Multifamily

The Aspen

1455 W 71st Ave, Vancouver, BC V6P 3B6

Listing Price: $8,950,000

Cap Rate
2.73%
Number of Units
21
Price/Unit
$426,190
Price/Gross SF
$688.46
Gross SF
13,000

Investment Overview

The Aspen presents investors the opportunity to purchase a well-positioned multifamily asset in Vancouver’s Marpole neighbourhood with the opportunity to continue adding value on tenant turnover. The building has been self-managed and well cared for over the course of ownership. Recent upgrades include new decks, balcony railings, upgraded electrical panels, and hot water tank. Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring. These suites are currently achieving above market rents, paving the way for a future owner to continue the program on tenant turnover and further bolster gross revenues. on a large 13,000 sf lot, boasting an excellent walk score of 89, showcasing the property’s terrific proximity to shops, transit, restaurants, and amenities along Granville Street.

Investment Highlights

  • Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring
  • Located on a large 13,000 sf lot, boasting an excellent walk score of 89
  • Well-positioned multifamily asset in Vancouver's Marpole neighbourhood

Exclusively Listed By

Listing Price: $8,950,000

Cap Rate
2.73%
Number of Units
21
Price/Unit
$426,190
Price/Gross SF
$688.46
Gross SF
13,000

Investment Highlights

  • Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring
  • Located on a large 13,000 sf lot, boasting an excellent walk score of 89
  • Well-positioned multifamily asset in Vancouver's Marpole neighbourhood

Investment Overview

The Aspen presents investors the opportunity to purchase a well-positioned multifamily asset in Vancouver’s Marpole neighbourhood with the opportunity to continue adding value on tenant turnover. The building has been self-managed and well cared for over the course of ownership. Recent upgrades include new decks, balcony railings, upgraded electrical panels, and hot water tank. Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring. These suites are currently achieving above market rents, paving the way for a future owner to continue the program on tenant turnover and further bolster gross revenues. on a large 13,000 sf lot, boasting an excellent walk score of 89, showcasing the property’s terrific proximity to shops, transit, restaurants, and amenities along Granville Street.

Exclusively Listed By

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