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1368 8th Ave E

16 Unit Apartment Building $7,158,931 USD ($447,433 USD/Unit) 3.86% Cap Rate Vancouver, BC V5N 1T2

Investment Highlights

  • Quiet traffic calmed street
  • North shore mountain view
  • Boutique, 16-residence apartment building

Executive Summary

Ocho has been revitalized in order to pay it forward; to help transform its neighborhood, and to help transform the lives of those who live, work and play in its space. Unique buildings are at the heart of every great city. But a truly unique building serves the demands of today's lifestyles with creativity, sensibility and thoughtfulness. Inspired with minimalist geometrics, The Ocho was crafted for those who relish in the details, and have an eye for style. Modern, efficient accessible and comfortable.

Property Facts

Price $7,158,931 USD
Price Per Unit $447,433 USD
Sale Type Investment
Cap Rate 3.86%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.18 AC
Building Size 8,045 SF
Average Occupancy 100%
No. Stories 4
Year Built 1994

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 - -
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM-4
RM-4
  • Listing ID: 31303963

  • Date on Market: 3/22/2024

  • Last Updated:

  • Address: 1368 8th Ave E, Vancouver, BC V5N 1T2

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