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$ 5,995,000
Est. payment | /mo
8,712 Sqft Lot
$ 5,995,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8081592
Year Built 1936
Lot Size 8,712 Sqft
Property Sub-Type Multi Family
Property Description
The CBRE National Apartment Group-BC is pleased to present the opportunity to acquire the The Clareburn Apartments, a unique character apartment building ideally located in the heart of the West End neighbourhood of Vancouver's amenity rich downtown core. The Clareburn Apartments is comprised of a 3 storey rental apartment building and consists of a total of 10 residential suites over approx 8,200 sq.ft. of net rentable area. An offering of this kind is rarely available within Downtown Vancouver, particularly in the highly desirable West End neighbourhood and provides investors the opportunity for investors to own a multi family property in a highly sought after location. The Clareburn Apartments has maintained its original character & charm over the years while still benefitting from significant updates and improvements to 9 of the buildings 10 rental suites. The building comprises extremely large well layed out suites that averages over 800 sq.ft. with current in place rents that average 2.68 sq.ft.
Location
Province BC
Community West End Vw
Area Vancouver West
Zoning RM 5A
Exterior
Roof Type Torch On
Total Parking Spaces 5
Building
Story 3
Water Public
Others
Ownership Freehold
Learn More About LPT Realty
Karan Kundhal PREC*
Agent License ID: 188983