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8645 Fremlin Street

  • $3,580,00

Salient Details

  • Units 10
  • Suite Mix 1-1 Bachelor, 8-1 Bedroom, 1-2 Bedroom
  • Lot Size 5,500 sf
  • Year Built 1960
  • Net Income $179,502
  • Cap Rate 4.90%
  • Price/Unit $358,000

8645 Fremlin Street

Turnkey, 10-unit apartment building in Marpole, boasting tasteful renovations and major building upgrades, yielding strong and secure cash flow.
8645 Fremlin Street - Brochure
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McEvay Blair Multifamily Group - 8645 Fremlin Street - 002 3

Investment Highlights

Renovated Apartments
Almost all units have been tastefully renovated with laminate or refurbished hardwood flooring, new cabinets and countertops, updated vanities in the washroom and modern light fixtures throughout.
Capital Expenditures
Capital expenditures include brand new double glazed windows, new exterior paint and landscaping, updated breaker panels in all suites, roof replacement in 2018, new hot water tank in 2012, underground oil tank removal and soil remediation in 2021
Turnkey Opportunity
Turnkey, positive leverage investment, generating a high yield coupled with low operating costs and ease of self management.
Prime location
Prime location on a quiet tree-lined street, with immediate access to Oak Street and Highway 99, and 10 minute drive to Vancouver International Airport.

Gallery

Contact us

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick