The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Noraleen Apartments, a highly coveted ‘West of Granville' apartment building with strong in-place rental income and future high density redevelopment potential. Originally constructed in 1955, Noraleen Apartments presents investors with a unique opportunity to acquire a high performing rental building, with tastefully renovated suites that include refinished hardwood floors, soft close cabinets, quartz and arborite counter tops, dishwashers, and new tiling in the kitchens and bathrooms. Through diligent ownership and self management, the property is generating exceptional cash flow, resulting in a rare high yield investment asset on Vancouver's west side. (35022443)
Property Type
Multi-family
Annual Property Taxes
$13,233 (CAD)
Time on REALTOR.ca
164 days
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