Unit Number
MARPOLE
8781 Granville Street, Vancouver $1,750,000 8 Unit Apartment Building Suite Mix 4 - 1 Bedroom 4 - 2 Bedroom BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
‘Royal Crest Apartments’ is a two storey, plus part basement, walk up building, close to many amenities on Granville Street, including Safeway, restaurants, shops, transportation and located between William Mackie Park and Marpole Park. The building is wood construction with vinyl, brick and stucco siding, has a new roof and single pane, aluminum frame windows. The front entrance is nicely tiled and decorated with mirrors, has an intercom and mailboxes. The tenants have access to a laundry room, which has one Huebsch washer and dryer, both leased from Carefree Laundry Services. There are also six open parking stalls accessed by the rear lane, eight storage lockers, bike storage and a small office area. There is a spare storage area that could possibly become an unauthorized suite, with a spare washroom. The building is heated by a Superhot boiler and a new Rheem Rudd Commercial Hot Water Tank, for the domestic hot water. The units are large, with hardwood floors, ceramic tile counter tops, single glazed windows, character tile floors and the original wood cabinets in the kitchen. The washroom has lino floor and ceramic tile tub surrounds. The units also have an electrical box with circuit breakers.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
Legal Description
PL 3022 LT 12 BLK E DL 318 LD 36 District, Except East 17ft and West 4ft PID 013-241-869 & 013-241-842
Suite Mix - 8 Units Total
4 - 1 Bedroom 4 - 2 Bedroom
Chattels
8 Fridges, 8 Stoves
Zoning
RM-3A (Multiple Dwelling)
Lot Size
66’w x 103’d
Age
54 Years (Constructed 1956)
(6,798 square feet)
$
Property Taxes 2010 Assessments 2011
Land Improvements Total
Contracts
None
Financial Encumbrances
Treat as clear title.
5,113
$ 779,000 $ 398,000 $ 1,177,000
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
Annual Revenue
2009
Rental Income (Rents x 12) $ Laundry (estimated) Less Vacancy Rate (1%) Total Annual Gross Revenue $
Projected
67,320 $ 1,440 -688 68,072 $
69,840 1,440 -713 70,567
$ $
135 4,766 5,113 6,103 12,919 29,036 $ 39,036 $
135 4,766 5,113 6,103 12,919 29,036 41,531
$
2.23% 45.65% 1,750,000 $
2.37% 41.15% 218,750
Annual Expenses Advertising Insurance Property Taxes Repairs & Maintenance Utilities Total Annual Expenses Total Annual Net Revenue Capitalization Rate Expense Ratio Purchase Price / Per Unit
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 – MARCH 2010 8781 Granville Street, Vancouver
Unit Number 1
2 Bedroom
Monthly Rent 710
Market Rent 765
2
1 Bedroom
655
690
3
1 Bedroom
650
690
4
2 Bedroom
765
765
5
2 Bedroom
765
765
6
1 Bedroom
650
690
7
1 Bedroom
690
690
8
2 Bedroom
725
765
$5,610
$5,820
Unit Type
TOTAL
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 ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
$1,750,000 BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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!
8781 Granville Street, Vancouver $1,750,000 8 Unit Apartment Building Suite Mix 4 - 1 Bedroom 4 - 2 Bedroom BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
‘Royal Crest Apartments’ is a two storey, plus part basement, walk up building, close to many amenities on Granville Street, including Safeway, restaurants, shops, transportation and located between William Mackie Park and Marpole Park. The building is wood construction with vinyl, brick and stucco siding, has a new roof and single pane, aluminum frame windows. The front entrance is nicely tiled and decorated with mirrors, has an intercom and mailboxes. The tenants have access to a laundry room, which has one Huebsch washer and dryer, both leased from Carefree Laundry Services. There are also six open parking stalls accessed by the rear lane, eight storage lockers, bike storage and a small office area. There is a spare storage area that could possibly become an unauthorized suite, with a spare washroom. The building is heated by a Superhot boiler and a new Rheem Rudd Commercial Hot Water Tank, for the domestic hot water. The units are large, with hardwood floors, ceramic tile counter tops, single glazed windows, character tile floors and the original wood cabinets in the kitchen. The washroom has lino floor and ceramic tile tub surrounds. The units also have an electrical box with circuit breakers.
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
Legal Description
PL 3022 LT 12 BLK E DL 318 LD 36 District, Except East 17ft and West 4ft PID 013-241-869 & 013-241-842
Suite Mix - 8 Units Total
4 - 1 Bedroom 4 - 2 Bedroom
Chattels
8 Fridges, 8 Stoves
Zoning
RM-3A (Multiple Dwelling)
Lot Size
66’w x 103’d
Age
54 Years (Constructed 1956)
(6,798 square feet)
$
Property Taxes 2010 Assessments 2011
Land Improvements Total
Contracts
None
Financial Encumbrances
Treat as clear title.
5,113
$ 779,000 $ 398,000 $ 1,177,000
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
Annual Revenue
2009
Rental Income (Rents x 12) $ Laundry (estimated) Less Vacancy Rate (1%) Total Annual Gross Revenue $
Projected
67,320 $ 1,440 -688 68,072 $
69,840 1,440 -713 70,567
$ $
135 4,766 5,113 6,103 12,919 29,036 $ 39,036 $
135 4,766 5,113 6,103 12,919 29,036 41,531
$
2.23% 45.65% 1,750,000 $
2.37% 41.15% 218,750
Annual Expenses Advertising Insurance Property Taxes Repairs & Maintenance Utilities Total Annual Expenses Total Annual Net Revenue Capitalization Rate Expense Ratio Purchase Price / Per Unit
BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 – MARCH 2010 8781 Granville Street, Vancouver
Unit Number 1
2 Bedroom
Monthly Rent 710
Market Rent 765
2
1 Bedroom
655
690
3
1 Bedroom
650
690
4
2 Bedroom
765
765
5
2 Bedroom
765
765
6
1 Bedroom
650
690
7
1 Bedroom
690
690
8
2 Bedroom
725
765
$5,610
$5,820
Unit Type
TOTAL
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 ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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 8781 Granville Street, Vancouver
$1,750,000 BILL GOOLD or ANTHONY KANJER 604-263-2823 [email protected] RE/MAX BILL GOOLD REALTY 410 North Tower, 650 West 41st Avenue Vancouver, BC V5Z 2M9
PHONE 604-263-2823 FAX 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!
