KERRISDALE APARTMENT PORTFOLIO

AN EXTREMELY RARE PORTFOLIO OF FOUR PREMIER HIGH-RISE RESIDENTIAL TOWERS IN THE HEART OF KERRISDALE, VANCOUVER WEST, B.C.

PORTFOLIO HIGHLIGHTS

All 188 units across four towers are 100% occupied with long-term tenants, providing stability in occupancy, management and cash flows;
There is substantial revenue growth potential through parking revenue increase and a renovation program, as only five units have been fully renovated;
Two out of the four towers (Executive and Savoy Towers) have excess land with the possibility to develop low-rise buildings in the event of a successful rezoning;
Located in the heart of Vancouver West, one of Metro Vancouver’s most prestigious & coveted residential markets, the Portfolio benefits from an affluent demographic neighbourhood profile with the average household income of $176,826, 85% higher than the City of Vancouver average;
The Portfolio is surrounded by many of Vancouver’s best public and private schools including St. George’s School, Crofton House and York House School, as well as only a 15-minute drive to UBC, ranked the 34th best university in the world (2017);
All four buildings are steps away from Kerrisdale Village (the area’s bustling central commercial hub), a wide range of premier community amenities (community centre, pool, arena and library), and high-end recreation amenities;

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If you have interest in this offering and would like to receive more detailed information, please contact Megan Quinto at Megan.Quinto@cbre.com, or please call CBRE at 604 662 3000.

CBRE Limited, Real Estate Brokerage
2500 – 1021 West Hastings Street
Vancouver, BC V6E 0C3
P: +1 604 662 3000

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*Data represents total transactions above $10M of office, retail, land, hotel, multi-family and industrial sales in Metro Vancouver . All data is extracted from Realnet.

** All transaction history and dollar volumes are extracted from CBRE’s internal conveyancing database.