6,847 ft²Multifamily$3,300,000Sale
6,847 ft²
Multifamily
$3,300,000
Sale
Data Room Access
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to offer for sale Pelican Place. Located in New Westminster and built in 1955, the 14-suite apartment building is improved upon a 6,847 sf lot that presents investors with a value-add opportunity in one of the Lower Mainland’s most in-demand rental markets.
The Space
Asking Price$3,300,000
Available Space6,847 ft²
Net Operating Income$89010
Property UseMulti family
Cap Rate2.7%
SourceDirect
The Building - Pelican Place
Property TypeMultifamily
Lot Size6,847 ft²
ZoningC-2A
Year Built1955
Up to $500K for British Columbia businesses
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