A 17-Unit apartment building located on Granville Street at West 71st Avenue has sold. The 1956 walkup apartment building is located on a 9,583 SF site.
The property allows future redevelopment up to 6-storeys in the Marpole Community Plan.
Sale details:
- Purchase Price: $7,650,000
- 5.0% cap rate
- $450,000 per unit
- 8 one-beds, 6 two-beds, 3 three-beds
