How to Sell Your Vancouver Apartment Building

Market Information For Multi-Family Sellers and Owners

Land Assembly Sellers

Selling multifamily units requires the right mix of preparation and the right formula to maximize value. That’s why we complete a 10-year income proforma (this includes case scenarios on vacancy changes, rental changes, and land value changes) Owners need to be informed going into the process – our recommendations vetted against several scenarios, which are as follows:

Land Assembly Sellers

Things to consider (Sales Specific)

  • What will maximize the value of my property?
  • Are there any changes to the OCP that will affect my land value?
  • What is the potential demand for the property?
  • What are the recent sales that would compare to this opportunity?

Other things to consider (Building Specific):

  • Have you upgraded the units in your building recently? What improvements have you made to the building? How does this translate into increased rental potential and building value?
  • Are your units rented under market?
  • What additional fees are you charging for different services?
  • What is the rent roll? Where do the tenants work?
  • Have you made upgrades to the parking, root or any common areas?

Recent Multi-Family Sales

0

$398,000

854 Denman Street, Vancouver, BC

1,403 SqFt

1

$198,000

10452 Confidential, Richmond, BC

Size n/a

1

$26,500,000

7613 125th St, Surrey, BC

128,220 SqFt

4

$11,675,000

6221 Morgan Place, Surrey, BC

18,263 SqFt

10

$26,500,000

7613 125th Street, Surrey, BC

128,220 SqFt

12

$549,000

1675 Highway 33, Rock Creek, BC

3.19 ac

14

$2,000,000

1000 Mesa Vista Court, Ashcroft, BC

Size n/a

5

$2,388,000

7738 Hemlock Street, Mission, BC

27.57 ac

10

$3,585,000

336 - 338 Agnes Street, New Westminster, BC

Size n/a

43

$2,165,000

1427 Dog Creek Road, Williams Lake, BC

19.27 ac

0

$2,200,000

2313 Shuswap Avenue, Lumby, BC

4.55 ac

29

$10,000,000

13245 104th Avenue, Surrey, BC

32,273 SqFt

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