Unit Number
WEST END
2054 Comox Street, Vancouver $4,200,000 23 Unit Apartment Building Suite Mix 12 - Bachelor 10 - 1 Bedroom 1 - 1 Bedroom Penthouse BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
BUILDING SUMMARY 2054 Comox Street, Vancouver
The “Katherine Anne” is located in the West End of Vancouver, next to Stanley Park and one block to the beach. It is also walking distance to tennis courts, recreation facilities and all amenities. This 1950’s style building is a three storey walk up consisting of wood construction with stucco exterior and a tar and gravel roof. A well maintained property throughout, this apartment has 9 stall covered parking that is well lit and secured as well as 23 full size storage lockers and a very good sized work shop. The clean and bright hallways were repainted in 2005 and have carpets that are in excellent shape. The large laundry room has 2 washers and 2 dryers which come with the building. The hot and cold water pipes were redone in 2002 with shut off valves. There is also the original AO Smith boiler and a separate domestic hot water storage tank. All suites have charm and character including the oak wood doors, the tasteful stucco walls and the hardwood detailed oak floors. The kitchens have newer frost free fridges, newer stoves, tiled counter tops and wood cabinets. Units also have tiled bathroom floors, smoke and heat detectors, intercom system, and large closets. There are lots of windows making the rooms very bright and some units have partial ocean views!
BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
RENT ROLL – December 2008 2054 Comox Street, Vancouver Unit Number 1 2 101 102 103 104 105 106 107 108 109 110 201 202 203 204 205 206 207 208 209 210 301 TOTAL
Unit Type 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor Bachelor 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor Bachelor 1 Bedroom 1 Bedroom 1 Bedroom
Square footage 610-700 610-700 610-700 610-700 420 420 420 420 420 420 610-700 610-700 610-700 610-700 420 420 420 420 420 420 610-700 610-700 610-700
Monthly Rent 850 849 930 927 761 761 785 762 765 770 937 851 950 890 772 787 772 782 787 774 960 922 1,055 $19,399
Market Rents 1,150 1,150 1,150 1,150 900 900 900 900 900 900 1,150 1,150 1,150 1,150 900 900 900 900 900 900 1,150 1,150 1,600 $23,900
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. Square footage is approximate.
BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
FINANCIAL SUMMARY 2054 Comox Street, Vancouver
Annual Revenue Rental Income Laundry Parking Less Vacancy Rate (.5%) Total Annual Gross Revenue
Actual Jan – Dec 2008 $233,458 3,338 3,360 (1,200)
Projected $286,800 3,338 3,360 (1,467)
$238,956
$292,031
Annual Expenses Advertising & Credit Checks Cablevision Gas Hydro Insurance Property Taxes & Licenses Repairs & Maintenance Telephone Waste Collection Water & Sewer Total Annual Expenses Total Annual Net Revenue
148 9,089 19,715 1,361 5,522 16,551 7,626 243 1,678 4,105
148 9,089 19,715 1,361 5,522 16,551 7,626 243 1,678 4,105
$66,038 $172,918
$66,038 $225,993
Capitalization Rate Expense Ratio Purchase Price/Price Per Unit
4.11% 27.63% $4,200,000
5.38% 22.61% $182,608
Expenses not including Wages and Payroll Contributions and oil tank of $7,900. BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
PROPERTY INFORMATION 2054 Comox Street, Vancouver
Legal Description:
Lot 17 Block 70 DL 185 Plan 92
Suite Mix – 23 Units Total
12 - Bachelor 10 - 1 Bedroom 1 - 1 Bedroom Penthouse
Chattels:
23 fridges, 23 stoves 2 washers, 2 dryers
Zoning:
Multifamily Apartment Block
Lot Size:
66’ x 131’
Age:
56 Years (Constructed 1953)
Property Taxes 2008:
$15,074.13
Assessments 2009:
Land $1,789,000 Improvements $1,698,000 Total $3,487,000
BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
LOCATION 2054 Comox Street, Vancouver
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
2054 Comox Street, Vancouver $4,200,000 23 Unit Apartment Building Suite Mix 12 - Bachelor 10 - 1 Bedroom 1 - 1 Bedroom Penthouse BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
BUILDING SUMMARY 2054 Comox Street, Vancouver
The “Katherine Anne” is located in the West End of Vancouver, next to Stanley Park and one block to the beach. It is also walking distance to tennis courts, recreation facilities and all amenities. This 1950’s style building is a three storey walk up consisting of wood construction with stucco exterior and a tar and gravel roof. A well maintained property throughout, this apartment has 9 stall covered parking that is well lit and secured as well as 23 full size storage lockers and a very good sized work shop. The clean and bright hallways were repainted in 2005 and have carpets that are in excellent shape. The large laundry room has 2 washers and 2 dryers which come with the building. The hot and cold water pipes were redone in 2002 with shut off valves. There is also the original AO Smith boiler and a separate domestic hot water storage tank. All suites have charm and character including the oak wood doors, the tasteful stucco walls and the hardwood detailed oak floors. The kitchens have newer frost free fridges, newer stoves, tiled counter tops and wood cabinets. Units also have tiled bathroom floors, smoke and heat detectors, intercom system, and large closets. There are lots of windows making the rooms very bright and some units have partial ocean views!
BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
RENT ROLL – December 2008 2054 Comox Street, Vancouver Unit Number 1 2 101 102 103 104 105 106 107 108 109 110 201 202 203 204 205 206 207 208 209 210 301 TOTAL
Unit Type 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor Bachelor 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor Bachelor 1 Bedroom 1 Bedroom 1 Bedroom
Square footage 610-700 610-700 610-700 610-700 420 420 420 420 420 420 610-700 610-700 610-700 610-700 420 420 420 420 420 420 610-700 610-700 610-700
Monthly Rent 850 849 930 927 761 761 785 762 765 770 937 851 950 890 772 787 772 782 787 774 960 922 1,055 $19,399
Market Rents 1,150 1,150 1,150 1,150 900 900 900 900 900 900 1,150 1,150 1,150 1,150 900 900 900 900 900 900 1,150 1,150 1,600 $23,900
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. Square footage is approximate.
BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
FINANCIAL SUMMARY 2054 Comox Street, Vancouver
Annual Revenue Rental Income Laundry Parking Less Vacancy Rate (.5%) Total Annual Gross Revenue
Actual Jan – Dec 2008 $233,458 3,338 3,360 (1,200)
Projected $286,800 3,338 3,360 (1,467)
$238,956
$292,031
Annual Expenses Advertising & Credit Checks Cablevision Gas Hydro Insurance Property Taxes & Licenses Repairs & Maintenance Telephone Waste Collection Water & Sewer Total Annual Expenses Total Annual Net Revenue
148 9,089 19,715 1,361 5,522 16,551 7,626 243 1,678 4,105
148 9,089 19,715 1,361 5,522 16,551 7,626 243 1,678 4,105
$66,038 $172,918
$66,038 $225,993
Capitalization Rate Expense Ratio Purchase Price/Price Per Unit
4.11% 27.63% $4,200,000
5.38% 22.61% $182,608
Expenses not including Wages and Payroll Contributions and oil tank of $7,900. BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
PROPERTY INFORMATION 2054 Comox Street, Vancouver
Legal Description:
Lot 17 Block 70 DL 185 Plan 92
Suite Mix – 23 Units Total
12 - Bachelor 10 - 1 Bedroom 1 - 1 Bedroom Penthouse
Chattels:
23 fridges, 23 stoves 2 washers, 2 dryers
Zoning:
Multifamily Apartment Block
Lot Size:
66’ x 131’
Age:
56 Years (Constructed 1953)
Property Taxes 2008:
$15,074.13
Assessments 2009:
Land $1,789,000 Improvements $1,698,000 Total $3,487,000
BILL GOOLD or ANTHONY KANJER (604) 876-9950 [email protected]
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
LOCATION 2054 Comox Street, Vancouver
RE/MAX Bill Goold Realty Phone: 604-263-2823 #410 North Tower, 650 West 41st Avenue Fax: 604-263-1057 Vancouver, BC V5Z 2M9 www.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
