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SOLD | 12 Unit Multifamily Property | Vancouver

SOLD | 12 Unit Apartment Building | Vancouver

The CRE Investment & Development Team | Royal LePage Commercial is pleased to announce the sale of Parkview Apartments. Listed exclusively; this 12 unit, 3-storey apartment complex was under contract in just under 8 weeks.

Congratulations to both the Vendor and Purchaser on a successful transaction.

  • Address 342 North Garden Drive, Vancouver, BC

  • Large upside on tenant turnover.

  • Mix of 11 one-bedroom units, along with 1 two-bedroom unit.

  • Low regional CMHC vacancy rate of 0.4%

  • Lot Size 8,195 SF | 67’ x 122’

  • Construction 3 Storey Wood frame

  • Year Built 1967

  • Asking Price $3,960,000

For additional information on the current market, new opportunites or if you would like an evaluation, please contact Chris Hayne, Pouria Nikravan PREC or r Raman Bayanzadeh PREC, CCIM at your earliest convenience.

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