Multifamily
1015 East Broadway
1015 E Broadway, Vancouver, BC V5T 1Y5
Listing Price: $6,200,000
Investment Overview
The McEvay Blair Multifamily Group of Marcus & Millichap presents the opportunity to acquire 1015 East Broadway in the Mount Pleasant neighbourhood of Vancouver. The 13-unit building was completely rebuilt in 2018 providing investors with a virtually brand new, easy to manage multifamily asset with secure and stable cash-flow in one of Vancouver’s strongest rental markets. The opportunity is underpinned with assumable financing and long-term redevelopment potential.
1015 East Broadway
Investment Highlights
- The building is virtually brand new with zero deferred maintenance and no imminent capital expenditures expected
- Modern and efficient rental units provide unique layouts complete with dishwashers and in-suite laundry
- Strategic location with future assembly and redevelopment potential under the Broadway Plan
- The pet friendly building features a gated dog park at the rear of the building, and secure storage lockers and bike room for tenants use
- Minimal overhead and operating expenses with tenants paying for electric baseboard heat and in-suite electric hot water tanks
- Turn-key investment with secure and stable cash-flow with potential for rental upside
Exclusively Listed By
Listing Price: $6,200,000
Investment Highlights
- The building is virtually brand new with zero deferred maintenance and no imminent capital expenditures expected
- Modern and efficient rental units provide unique layouts complete with dishwashers and in-suite laundry
- Strategic location with future assembly and redevelopment potential under the Broadway Plan
- The pet friendly building features a gated dog park at the rear of the building, and secure storage lockers and bike room for tenants use
- Minimal overhead and operating expenses with tenants paying for electric baseboard heat and in-suite electric hot water tanks
- Turn-key investment with secure and stable cash-flow with potential for rental upside
Investment Overview
The McEvay Blair Multifamily Group of Marcus & Millichap presents the opportunity to acquire 1015 East Broadway in the Mount Pleasant neighbourhood of Vancouver. The 13-unit building was completely rebuilt in 2018 providing investors with a virtually brand new, easy to manage multifamily asset with secure and stable cash-flow in one of Vancouver’s strongest rental markets. The opportunity is underpinned with assumable financing and long-term redevelopment potential.
Exclusively Listed By
