1014 West 11th Avenue, Vancouver.pdf
WEST SIDE
1014 West 11th Avenue, Vancouver $1,650,000 8 Unit Multifamily Revenue Building Suite Mix 2 Bachelor 2 Sleeping Rooms 3-1 Bedroom (1 housekeeping) 1-3 Bedroom (unauthorized) BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
BUILDING SUMMARY 1014 West 11th Avenue, Vancouver This multifamily revenue building is located in a prime area of Vancouver, walking distance to shops and transportation. It sits on a nicely landscaped lot and has a fenced back and patio area. It is wood construction with stucco exterior and has single glazed windows. This revenue building was built in 1907 with an extension added in 1943. It has the original boiler and two hot water tanks that were replaced three years ago and 200A with breakers. The building had blown in insulation in the late 1980s. There is a laundry area that has one washer and one dryer that are owned by the caretaker. The units have smoke detectors and intercoms. The main floor one bedroom unit has an antique non-operational fireplace, french doors, bay window and beamed ceilings. Another one bedroom unit on the attic level has laminate floors and a newer 24” fridge and stove. The unit in the basement has a newer Ikea kitchen. The manager occupies both the first floor suites and one sleeping room for an office. There is a garage in the back which is currently vacant and can be used for extra income. This is a value added building.
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
PROPERTY INFORMATION 1014 West 11th Avenue, Vancouver Legal Description
PID 014-684-357/349 Lot 9 except the east 10 feet, Block 395, DL 526 Plan 1276
Suite Mix
2 Bachelor 2 Sleeping Rooms 3-1 Bedroom (1 housekeeping) 1-3 Bedroom (unauthorized) 8 Units Total
Chattels
4 fridges, 4 stoves
Zoning
RM-3 Multiple Family
Lot Size
45’ x 125’
Constructed
1907
Property Taxes 2013
$5,204
Assessments 2013
$1,397,000 Land $ 56,600 Improvements $1,453,600
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
FINANCIAL SUMMARY 1014 West 11th Avenue, Vancouver
Annual Revenue Rental Income (Rents x 12) Total Annual Gross Revenue
2013
Projected
$ $
66,840 66,840
$ $
84,528 84,528
$
$
$ $
296 2,904 310 7,067 5,204 1,333 17,114 49,726
$ $
296 2,904 310 7,067 5,204 1,333 17,114 67,414
$
3.01% 25.60% 1,650,000
$
4.08% 20.24% 206,250
Annual Expenses Fire Safety Insurance Licenses & Permits Hydro and Gas Property Tax Water and Sewer Total Annual Expenses Total Annual Net Revenue Capitalization Rate Expense Ratio Purchase Price / Per Unit
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
RENT ROLL – October 2013 1014 West 11th Avenue, Vancouver
Unit Number 1 2 3 4 5 6 7 8
Monthly Rent $ 500 500 884 936 500 150 600 1,500 $5,570
Unit Type 1 Bedroom Bachelor Bachelor 1 Bedroom Sleeping Sleeping Housekeeping 3 Bedroom TOTAL
Market Rent $ 1,104 868 868 1,104 500 500 600 1,500 $7,044
Please note that our market rents are based on research. We strongly recommend that you do your own research as this is only to be used as a guideline.
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
LOCATION 1014 West 11th Avenue, Vancouver
$1,650,000
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
1014 West 11th Avenue, Vancouver $1,650,000 8 Unit Multifamily Revenue Building Suite Mix 2 Bachelor 2 Sleeping Rooms 3-1 Bedroom (1 housekeeping) 1-3 Bedroom (unauthorized) BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
BUILDING SUMMARY 1014 West 11th Avenue, Vancouver This multifamily revenue building is located in a prime area of Vancouver, walking distance to shops and transportation. It sits on a nicely landscaped lot and has a fenced back and patio area. It is wood construction with stucco exterior and has single glazed windows. This revenue building was built in 1907 with an extension added in 1943. It has the original boiler and two hot water tanks that were replaced three years ago and 200A with breakers. The building had blown in insulation in the late 1980s. There is a laundry area that has one washer and one dryer that are owned by the caretaker. The units have smoke detectors and intercoms. The main floor one bedroom unit has an antique non-operational fireplace, french doors, bay window and beamed ceilings. Another one bedroom unit on the attic level has laminate floors and a newer 24” fridge and stove. The unit in the basement has a newer Ikea kitchen. The manager occupies both the first floor suites and one sleeping room for an office. There is a garage in the back which is currently vacant and can be used for extra income. This is a value added building.
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
PROPERTY INFORMATION 1014 West 11th Avenue, Vancouver Legal Description
PID 014-684-357/349 Lot 9 except the east 10 feet, Block 395, DL 526 Plan 1276
Suite Mix
2 Bachelor 2 Sleeping Rooms 3-1 Bedroom (1 housekeeping) 1-3 Bedroom (unauthorized) 8 Units Total
Chattels
4 fridges, 4 stoves
Zoning
RM-3 Multiple Family
Lot Size
45’ x 125’
Constructed
1907
Property Taxes 2013
$5,204
Assessments 2013
$1,397,000 Land $ 56,600 Improvements $1,453,600
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
FINANCIAL SUMMARY 1014 West 11th Avenue, Vancouver
Annual Revenue Rental Income (Rents x 12) Total Annual Gross Revenue
2013
Projected
$ $
66,840 66,840
$ $
84,528 84,528
$
$
$ $
296 2,904 310 7,067 5,204 1,333 17,114 49,726
$ $
296 2,904 310 7,067 5,204 1,333 17,114 67,414
$
3.01% 25.60% 1,650,000
$
4.08% 20.24% 206,250
Annual Expenses Fire Safety Insurance Licenses & Permits Hydro and Gas Property Tax Water and Sewer Total Annual Expenses Total Annual Net Revenue Capitalization Rate Expense Ratio Purchase Price / Per Unit
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
RENT ROLL – October 2013 1014 West 11th Avenue, Vancouver
Unit Number 1 2 3 4 5 6 7 8
Monthly Rent $ 500 500 884 936 500 150 600 1,500 $5,570
Unit Type 1 Bedroom Bachelor Bachelor 1 Bedroom Sleeping Sleeping Housekeeping 3 Bedroom TOTAL
Market Rent $ 1,104 868 868 1,104 500 500 600 1,500 $7,044
Please note that our market rents are based on research. We strongly recommend that you do your own research as this is only to be used as a guideline.
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
LOCATION 1014 West 11th Avenue, Vancouver
$1,650,000
BILL GOOLD or PATRICK MCEVAY 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY
PHONE
410 North Tower, 650 West 41st Avenue FAX Vancouver, BC V5Z 2M9
604-263-2823 604-263-1057 BILLGOOLDREALTY.COM
Each office independently owned and operated. The information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to independently confirm its accuracy and completeness.
Selling Apartment Buildings as if they were our own!
