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  • 629 12th Street, New Westminster, BC
  • 629 12th Street, New Westminster, BC
  • 629 12th Street, New Westminster, BC

6,847 ft²
Multifamily
$3,300,000
Sale


James Blair
James Blair
Marcus & Millichap

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
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James Blair
James Blair
Marcus & Millichap
Contact
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