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Multifamily

1370 E 1st Avenue

1370 E 1st Avenue, Vancouver, BC V5N 1A2

Listing Price: $2,700,000

Cap Rate
2.15%
Number of Units
3
Price/Unit
$900,000
Price/Gross SF
$743.39
Gross SF
3,632

Investment Overview

McEvay Blair Multifamily Group | Marcus & Millichap is pleased to present the opportunity to purchase 1370 East 1st Avenue, an easy to manage three unit rental apartment building featuring 49.5 feet of frontage on East 1st Avenue and future redevelopment potential under the Grandview-Woodland Official Community Plan. The property is conveniently located along a major artery to downtown Vancouver, and is within walking distance to trendy Commercial Drive which is home to hundreds of restaurants, services and shops.

Investment Highlights

  • Contains 3 bright and spacious, well laid out 3-bedroom units
  • Property is located within the Grandview Woodlands Community plan, with future development potential of 6 storey market rental and a 2.4 FSR
  • Nearby colleges include VCC Broadway, Columbia College on Terminal, Centre for Digital Media on Great Northern Way, and Emily Carr University.

Exclusively Listed By

Multifamily

1370 E 1st Avenue

Listing Price: $2,700,000

Cap Rate
2.15%
Number of Units
3
Price/Unit
$900,000
Price/Gross SF
$743.39
Gross SF
3,632

Investment Highlights

  • Contains 3 bright and spacious, well laid out 3-bedroom units
  • Property is located within the Grandview Woodlands Community plan, with future development potential of 6 storey market rental and a 2.4 FSR
  • Nearby colleges include VCC Broadway, Columbia College on Terminal, Centre for Digital Media on Great Northern Way, and Emily Carr University.

Investment Overview

McEvay Blair Multifamily Group | Marcus & Millichap is pleased to present the opportunity to purchase 1370 East 1st Avenue, an easy to manage three unit rental apartment building featuring 49.5 feet of frontage on East 1st Avenue and future redevelopment potential under the Grandview-Woodland Official Community Plan. The property is conveniently located along a major artery to downtown Vancouver, and is within walking distance to trendy Commercial Drive which is home to hundreds of restaurants, services and shops.

Exclusively Listed By

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