SALIENT DETAILS

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INVESTMENT HIGHLIGHTS

  • The Wilshire House Apartments is situated on a large 18,750 Sq. Ft. corner site with 150 feet of frontage on West 14th Avenue making it a desirable future redevelopment site, which is currently being considered within the Broadway Corridor Plan Study Area;
  • The rents in the Wilshire House Apartments are the lowest of the 3 properties in the portfolio currently averaging $2.18/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;
  • The Wilshire House is in excellent proximity to tenant-friendly amenities on Oak Street and West Broadway and is less than a 10- minute walk to the future Millennium Line SkyTrain station at Oak Street and West Broadway;
  • 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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Thank you for your interest in the South Granville Apartment Portfolio. To download our brochure and better understand your needs, please enter your information below.

Contact Us

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

(604) 662-5141

lance.coulson@cbre.com

GREG AMBROSE
Senior Sales Associate
National Apartment Group

(604) 662-5178

greg.ambrose@cbre.com

KEVIN MURRAY
Senior Sales Associate
National Apartment Group

(604) 662-5171

kevin.murray4@cbre.com

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