SALIENT DETAILS

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INVESTMENT HIGHLIGHTS

  • The Marco Court’s proximity to Granville Street, West Broadway and the future SkyTrain Station, combined with its large 18,750 sq. ft. site with 150 feet of frontage make it a desirable future redevelopment site, which is currently being considered within the Broadway Corridor Plan Study Area;
  • Many of the rents in the Marco Court are below market currently averaging $2.53/Sq. Ft. creating a significant value-add opportunity for a new owner to create value by increasing rents to market on turnover while holding the property;
  • Rare 2-bedroom Penthouse with views north of Downtown Vancouver and the North Shore Mountains;
  • Boasting a walk score of 94 and a transit score of 80, the property is well positioned just one block east of Granville Street and two blocks south of West Broadway, providing access to an abundance of amenities and transit providing convenient access to Downtown Vancouver, the University of British Columbia and across Metro Vancouver;
  • Title will be delivered free and clear of all financial encumbrances allowing prospective purchasers to capitalize on the current unprecedented low interest rate environment;
  • Property is held in a Bare Trust Nominee company.

SUITE BREAKDOWN

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LANCE COULSON
Executive Vice President
Personal Real Estate Corporation
National Apartment Group

GREG AMBROSE
Senior Sales Associate
National Apartment Group

KEVIN MURRAY
Senior Sales Associate
National Apartment Group

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