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Roberts Manor

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533858320055{margin-bottom: 0px !important;}"] STATUS FIRM DEAL BUILDING SIZE - 2154 Dundas St 11,395 Sq. Ft. BUILDING SIZE - 2164 Dundas St 6,039 Sq. Ft CURRENT IMPROVEMENT 2154 Dundas St - 18 Suite Apartment Building 2164 Dundas St - 3 Suite Rental House CURRENT ZONING RM-3A Multi Family Dwelling OCP DESIGNATION Cedar Cove Dundas Shopping Node Land Use INCOME IN PLACE Contact Agents for Details [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Schedule Appointment [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1533858539945{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The offering consists of two separate properties (herein referred to as the “Property”) which includes a three storey, 18-suite rental apartment building at 2154 Dundas Street and a 3-suite rental house located at 2164 Dundas Street, providing a good holding income. 2154 Dundas Street contains 18 suites and recently underwent an extensive retrofit which included updated plumbing and electrical and is currently 100% occupied. 2164 Dundas Street is a rental house containing 3 self-contained two and three bedroom suites. The property has a new roof, some interior improvements and is currently vacant, providing the purchaser with flexibility while considering redevelopment.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text] Strategically located on the Southwest corner of Templeton Drive and Dundas Street in the heart of East Vancouver’s trendy Grandview-Woodland Neighborhood. The Subject Property is situated just minutes from Downtown Vancouver, East Hastings Street and Highway 1, providing quick and easy access throughout Vancouver and neighboring municipalities. Located in the rapidly transitioning Port Town, just a few short blocks from the Hastings-Sunrise neighborhood providing access to a host of tenant-friendly amenities. The Property enjoys excellent public transit service with a Translink bus stop situated immediately in front of the building providing tenants, businesses and their clients with direct access to Downtown Vancouver and reliable transportation throughout Metro Vancouver. The recent influx and transformation of the area surrounding the Subject Property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company and Tacofino Commissary, which are all located in close proximity to the Subject Property. [/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1533858449644{background-color: #0f3b46 !important;border-radius: 25px !important;}"]90[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1533858462435{background-color: #0f3b46 !important;border-radius: 25px !important;}"]71[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Bike Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1533858472057{background-color: #0f3b46 !important;border-radius: 25px !important;}"]92[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1706,1707,1708,1709,1710"][/vc_column][/vc_row]
siteadministrator
December 11, 2018

Dundas Portfolio

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533858320055{margin-bottom: 0px !important;}"] STATUS FIRM DEAL BUILDING SIZE - 2154 Dundas St 11,395 Sq. Ft. BUILDING SIZE - 2164 Dundas St 6,039 Sq. Ft CURRENT IMPROVEMENT 2154 Dundas St - 18 Suite Apartment Building 2164 Dundas St - 3 Suite Rental House CURRENT ZONING RM-3A Multi Family Dwelling OCP DESIGNATION Cedar Cove Dundas Shopping Node Land Use INCOME IN PLACE Contact Agents for Details [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Schedule Appointment [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1533858539945{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The offering consists of two separate properties (herein referred to as the “Property”) which includes a three storey, 18-suite rental apartment building at 2154 Dundas Street and a 3-suite rental house located at 2164 Dundas Street, providing a good holding income. 2154 Dundas Street contains 18 suites and recently underwent an extensive retrofit which included updated plumbing and electrical and is currently 100% occupied. 2164 Dundas Street is a rental house containing 3 self-contained two and three bedroom suites. The property has a new roof, some interior improvements and is currently vacant, providing the purchaser with flexibility while considering redevelopment.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text] Strategically located on the Southwest corner of Templeton Drive and Dundas Street in the heart of East Vancouver’s trendy Grandview-Woodland Neighborhood. The Subject Property is situated just minutes from Downtown Vancouver, East Hastings Street and Highway 1, providing quick and easy access throughout Vancouver and neighboring municipalities. Located in the rapidly transitioning Port Town, just a few short blocks from the Hastings-Sunrise neighborhood providing access to a host of tenant-friendly amenities. The Property enjoys excellent public transit service with a Translink bus stop situated immediately in front of the building providing tenants, businesses and their clients with direct access to Downtown Vancouver and reliable transportation throughout Metro Vancouver. The recent influx and transformation of the area surrounding the Subject Property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company and Tacofino Commissary, which are all located in close proximity to the Subject Property. [/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1533858449644{background-color: #0f3b46 !important;border-radius: 25px !important;}"]90[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1533858462435{background-color: #0f3b46 !important;border-radius: 25px !important;}"]71[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Bike Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1533858472057{background-color: #0f3b46 !important;border-radius: 25px !important;}"]92[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1706,1707,1708,1709,1710"][/vc_column][/vc_row]
siteadministrator
December 18, 2017

Maple Manor

[vc_row][vc_column width="1/3"][vc_text_separator title="2779 Maple Street" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1528742277701{margin-bottom: 0px !important;}"] LIST PRICE FIRM DEAL YEAR BUILT 1973 BUILDING SIZE 21 Suites SUITE MIX 7 X One Bedroom 14 X Two Bedroom Total = 21 Suites NOI Contact agent for details PRICE PER SUITE Contact agent for details CAP RATE Contact agent for details [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Schedule Appointment [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1528742045245{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Maple Manor Apartments” in Abbotsford. Maple Manor is a well-maintained 3-storey 21-unite apartment building with an excellent suite mix, including: 7 one-bedroom units, and 14 spacious two-bedroom units. The building has been well-maintained with recently updated common areas, suites, and a newer roof. Current rents are below market rate, providing an excellent upside opportunity.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]The “Maple Manor Apartments” is strategically located in close proximity to George Ferguson Way, and within walking distance to Abbotsford historic downtown neighbourhood and within minutes of Sevenoaks Shopping center with a host of tenant friendly amenities including: Hudson's Bay, Shoppers Drug Mart, Best Buy, CIBC, RBC, and many other shops and services. Maple Manor is surrounded by parks and lakes including: Ravine Park. Berry Park, Mill Lake Babich Park, and Horn Creek Park, offering plenty of hiking and picnic options for tenants.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1528741884015{background-color: #0f3b46 !important;border-radius: 25px !important;}"]87[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1528741892597{background-color: #0f3b46 !important;border-radius: 25px !important;}"]57[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Bike Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1528741902449{background-color: #0f3b46 !important;border-radius: 25px !important;}"]68[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
June 11, 2018

Garden Manor

[vc_row][vc_column width="1/3"][vc_text_separator title="2285 Triumph Street" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1524871979930{margin-bottom: 0px !important;}"] LIST PRICE $6,160,000 YEAR BUILT 1971 (renovated in 2017) BUILDING SIZE 6 Suites SUITE MIX 13 X One Bedroom 3 X Two Bedroom Total = 16 Suites NOI $207,252 PRICE PER SUITE $385,000 CAP RATE 3.36% [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Schedule Appointment [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1528410761289{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Garden Manor Apartments”. Garden Manor is a substantially renovated 3-storey plus underground parkade, 16-suite rental apartment building prominently located in the highly sought-after Grandview-Woodland Neighborhood. The Offering provides prospective investors the opportunity to increase cash flow and yield by renovating the remaining 5 un-renovated suites on turnover and increasing rents to match the rents currently being achieved within the building. Additionally, due to the property's inclusion in the recently approved Grandview-Woodland Community Plan there is significant future redevelopment opportunity.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant friendly amenities. [/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1524866958012{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1524084665677{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Bike Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1524084679268{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
November 23, 2017

Maple Manor Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="304 Third Avenue" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1530728203520{margin-bottom: 0px !important;}"] LIST PRICE YEAR BUILT BUILDING SIZE [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Schedule Appointment [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1528410761289{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text][/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1524866958012{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1524084665677{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Bike Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1524084679268{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
July 4, 2018

WIP Portfolio

[vc_row][vc_column][vc_text_separator title="Sales Details"][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2" el_class="property_content"][vc_column_text]The Western Investment Properties (WIP) Portfolio comprised of 19 properties improved with 22 rental apartment buildings with a combined total of 919 apartment units. The properties are all centrally located in 7 proven Greater Vancouver rental markets with strong population growth and low vacancy rents, providing the purchaser a secure income stream with unlimited growth potential. Each of the buildings had benefited from significant capital improvements and renovations that turned rental units into homes, and allowed each to attract and retain quality tenants. Lance Coulson of the National Apartment Group - BC, along with fellow brokers Tony Quattrin and Jim Szazbo represented the seller, a private equity firm, in a bid process that saw significant interested from private and institutional investors. Ultimately, the portfolio was acquired by Canadian Apartment Properties REIT for $170M in 2015. The sale of this premier portfolio represented BCs largest ever one-time multifamily portfolio trade. This transaction was featured in www.bisnow.com[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column][vc_column width="1/3"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column][vc_column width="1/3"][vc_column_text][/vc_column_text][/vc_column][/vc_row]
siteadministrator
November 5, 2018

5801 Alderlea

CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Sharron Apartments”. The subject property is centrally located in North Cowichan / Duncan, an emerging economy just 45 minutes North of Victoria on Vancouver Island. The 34-suite building has been extremely well maintained and is 100% leased with a wait list, predominantly to a mature tenant base. The Sharron Apartments provides prospective investors the opportunity to acquire a secure, stable and healthy return from one of the premier buildings in Duncan, a rental market that is benefiting from downward pressure on vacancy rates (currently 3.3% and falling) with corresponding upward pressure on rental rates. HIGHLIGHTS Opportunity to acquire the “Sharron Apartments”, a positive cash flow producing multi-family rental apartment building located in an emerging community one which enjoys very little rental vacancy. Contemporary 4-storey rental apartment building comprised of 34 suites, predominantly large 2-bedroom units ideal for maximizing cash flow. Prominently situated in arguably the best location for a rental building in this market, a quiet location that is within walking distance to an excellent cross section of tenant friendly amenities including; the new Vancouver Island University, the Cowichan Performing Arts and Aquatic Centre, grocery anchored shopping and a variety of restaurants, shops and services. The building has been extremely well maintained by the current owners and a true pride of ownership is evident through the lobby, common areas and tenant suites. The offering provides prospective purchasers the opportunity to acquire a very well located building, in a good state of repair at a very competitive initial cap rate of 5.31% of the List Price with the ability to increase the income stream and yield by renovating suites as they turn over and releasing them at current market rents. Constructed in 1974 comprising wood frame construction set on a concrete slab foundation with reinforced concrete perimeter footings. The Sharron Apartments is comprised of 34 suites and benefits from a unique and desirable suite mix, which include; 7 – One Bedroom units and 27-two bedroom units ideal for maximizing cash flow. Residential suites include a deck or patio, are larger than average and are all further improved with efficiently designed layouts complete with ample closet space, extra in-suite storage space and a variety of strategically positioned windows that provide an abundance of natural light to each unit. The building includes a full service elevator and has benefited from a variety of improvements in recent years including: an updated modern front entrance lobby, the addition of a new state-of the-art-high efficiency boiler system and complete renovation to approximately 11 of the 34 suites in the building just to name a few. All suites are individually metered for Hydro, paid by the Tenant, and the Landlord pays for heat and hot water. The mechanical room, elevator room and laundry room (2-washers and 2-dryers) are all strategically located throughout the main floor of the building and are accessed via entrance door from the entrance lobby. In Duncan, the “Sharron Apartments” is ideally situated on Alderlea Street at James Street just a short walk to the Cowichan Aquatic Centre, Island Savings Recreation Center and new Vancouver Island University. The location provides convenient access to a host of tenant-friendly amenities including grocery anchored shopping, an excellent cross section of shops & services, medical & professional offices and a variety of local independently owned stores, restaurants, bakeries, specialty shops and public transportation. The City of Duncan is one of the major communities that forms part of the Cowichan Valley which is one of the fastest growing regions in British Columbia and has a combined trade area population of close to 80,000. Duncan is located mid-point between Nanaimo (51 km to the north) and Victoria (55 km to the south) the city of Duncan is ideally situated as an emerging community serving both of the major cities on Vancouver Island. As the commercial and service HUB for the Cowichan Valley, Duncan is home to the areas Hospital, main Police Detachment and the new Vancouver Island University Campus. PRICE $3,350,000
siteadministrator
November 1, 2017