1455 West 11th Avenue, Vancouver

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   Rent Roll & 2004 Statement

Improvements
The subject property consists of four 1-Br + den and two 1-Br. Features newer Weil Mclain gas furnace supported by Honeywell monitoring system, surface parking for six cars, dishwashers for 5 units, 4 fireplaces (1br + den suites), six full lockers and coin operated laundry room.

No deferred maintenance. No vacancies ever. Rents under market. Potential development site for condos. OFFERS.

Rent Roll & Statements
For current rent roll and 2004 statement, please download PDF file above.

Southern Comfort Apartments is a 6 unit character apartment building located in prime South Granville, a few doors east of Granville Street on the north side of 11th Avenue.

Civic Address: 1455 West 11th Avenue, Vancouver
Legal Description: Lot 13, Block 371, DL 526, PL 991
PID: 015-017-231
Lot Size: 50' x 125'
Zoning: RM-3
Assessment (2005):
Land:
   $610,000.00
Building:
 $419,000.00
Total:
   $1,029,000.00
Taxes 2005: $6,039.25
Age: OT
Income and Expense:

Income annualized as of Oct. 1/05
Effective Gross
$81,682
Expenses
$32,286
NOI
$49,396
Suites: 6 Units
Financing: Clear Title.

Asking Price: $1,595,000.00
Selling Price: $1,575,000.00
Sale Date: November 1, 2005

Suite Mix
4 - 1br + den
2 - 1br
6 Total Suites






David Goodman 604.714.4778
Mark Goodman 604.714.4790

Macdonald Commercial Real Estate Services
301 - 1770 West 7th Avenue Vancouver BC V6J 4Y6
Phone: 604.736.5611 Fax: 604.736.7976
www.goodmanreport.com

Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.