4,936 ft2
$4,695,000
Turnkey investment (property+business) opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem! (id:60504)
Business
Business Type |
Accommodation |
Business Sub Type |
Hotel/motel |
Property Details
MLS® Number |
C8069166 |
Property Type |
Business |
Neigbourhood |
West Point Grey |
Features |
Lane |
Road Type |
Paved Road |
Building
Amenities |
Balconies, Street Lighting |
Constructed Date |
1912 |
Size Interior |
4,936 Ft2 |
Land
Acreage |
No |
Size Irregular |
3960 |
Size Total |
3960 Sqft |
Size Total Text |
3960 Sqft |
Zoning Description |
Rt-8 |
Utilities
Cable |
Available |
Electricity |
Available |
Water |
At Lot Line |
Natural Gas |
Available |
Telephone |
Available |