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Multifamily

Camelot Apartments

8820 Cartier Street, Vancouver, BC V6P 4V4

Listing Price: $8,950,000

Cap Rate
2.40%
Number of Units
24
Price/Unit
$372,917
Price/Gross SF
$639.29
Gross SF
14,000

Investment Overview

McEvay Blair Multifamily Group | Marcus & Millichap is pleased to present the opportunity to purchase Camelot Apartments, a 24 suite classic Marpole apartment building across from the park. The Camelot is located in a quiet pocket of Vancouver’s Marpole neighbourhood and boasts 100 feet of frontage and a substantial 14,000 sf. lot. Recent capital expenditures include a ull building repipe, updated breaker panels, new hot water tank, Exterior repaint, and double-glazed windows and sliding doors. A clean Phase 1 ESA and Building Condition Report are available for review with the execution of a Confidentiality Agreement.

Investment Highlights

  • The Camelot is located in a quiet pocket of Vancouver's Marpole neighbourhood and boasts 100 feet of frontage and a substantial 14,000 sf lot across from Marpole Park
  • The building features 24 oversized apartment units (with some 2 bedrooms nearly 1200 sf) and includes a bright and spacious a bedroom penthouse suite with a completely rebuilt deck
  • Oil tank has been removed and a clean Phase 1 ESA and Building Condition Report are available for review with the execution of a Confidentiality Agreement

Exclusively Listed By

Multifamily

Camelot Apartments

Listing Price: $8,950,000

Cap Rate
2.40%
Number of Units
24
Price/Unit
$372,917
Price/Gross SF
$639.29
Gross SF
14,000

Investment Highlights

  • The Camelot is located in a quiet pocket of Vancouver's Marpole neighbourhood and boasts 100 feet of frontage and a substantial 14,000 sf lot across from Marpole Park
  • The building features 24 oversized apartment units (with some 2 bedrooms nearly 1200 sf) and includes a bright and spacious a bedroom penthouse suite with a completely rebuilt deck
  • Oil tank has been removed and a clean Phase 1 ESA and Building Condition Report are available for review with the execution of a Confidentiality Agreement

Investment Overview

McEvay Blair Multifamily Group | Marcus & Millichap is pleased to present the opportunity to purchase Camelot Apartments, a 24 suite classic Marpole apartment building across from the park. The Camelot is located in a quiet pocket of Vancouver’s Marpole neighbourhood and boasts 100 feet of frontage and a substantial 14,000 sf. lot. Recent capital expenditures include a ull building repipe, updated breaker panels, new hot water tank, Exterior repaint, and double-glazed windows and sliding doors. A clean Phase 1 ESA and Building Condition Report are available for review with the execution of a Confidentiality Agreement.

Exclusively Listed By

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