SALIENT DETAILS

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INVESTMENT HIGHLIGHTS

  • Located in South Granville, the Roman Court Apartments is just a few short blocks from both Granville Street and West Broadway. Tenants benefit from living on a quiet tree-lined street while being just steps from a cross section of amenities, shops, services and transit providing convenient access to Downtown Vancouver, the University of British Columbia and across Metro Vancouver;
  • The Roman Court Apartments is situated on a 25,000 Sq. Ft. lot boasting 200 ft of frontage onto West 14th Avenue. There are a limited number of properties with 200 feet of frontage on the West Side of Vancouver, making this a unique opportunity for investors and increasing the redevelopment potential being considered within the Broadway Corridor Plan Study Area;
  • Many of the rents in the Roman Court are below market currently averaging $2.27/Sq. Ft, creating the opportunity for a new owner to create value by increasing rents on turnover while holding the property;
  • 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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