2244 West 6th Avenue is a wood-frame, three-storey apartment building consisting of 46 units encompassing 27,639 sq. ft. of net rentable area. Located in the heart of the Kitsilano neighbourhood in West Vancouver, the property is just steps from a range of neighbourhood amenities and services along West 4th Avenue and West Broadway. The Property offers a unique value-add opportunity through a potential renovation and upgrade program, which would allow for significant rental rate growth. In addition, 2244 West 6th Avenue was positioned as a rare investment opportunity with its premium location just three blocks north of the future Broadway Station Subway Line.
CBRE-NIT conducted a full-scale global marketing campaign, which ultimately led to the successful transaction to a Canadian investment fund, specializing in multi-family real estate.