FOR SALE | OPPORTUNITY TO ACQUIRE A 24 SUITE STRATIFIED APARTMENT BUILDING IN THE TRENDY EAST VILLAGE

CBRE is pleased to present the opportunity to acquire an exceptional 24 suite stratified apartment building in Vancouver’s trendy East Village. The building has been maintained and upgraded in a first-class manner with extensive capital invested over the past several years into the building. The property is located on Triumph Street, three blocks north of Hastings, providing a convenient lifestyle as it is walking distance to breweries, coffee shops, and restaurants. Vancouver’s rental market continues to perform extremely well with the 2018 CMHC report indicating continued low vacancy rates of 1.00% and significant rental rate increases of 6.20% year over year. The property provides an excellent opportunity to establish a presence in East Vancouver’s thriving rental market.
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