Business for sale
2814 W 3rd Avenue, Kitsilano, Vancouver
$4,695,000
Features
Year Built
1912
Floor Area
4,936 sqft
Lot Size
3,960 sqft
Gross Property Tax
$7,612.70 /year
Building Type
Low Rise (2-4 storeys)
Building / Complex Name
Alma Beach Suites
Zoning
RT-8
# of Parking Spaces
4
Amenities
Balconies, Laundry Facility
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel
Business Name "doing business as"
Alma Beach Suites
Business Operating Since
2014
Confidentiality Agreement Required
Yes
Description
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!
MLS® Number C8069166