Project management case studies for commercial real estate properties

Park Towers

  • Localisation: 5815 Yew Street, Vancouver
  • Dimensions: 50,877 SF of Rentable Area
  • Type de projet: Investment
  • Catégorie: Multi-Family

Avison Young proudly sold this world class 83-unit concrete highrise rental apartment building in one of Vancouver’s most affluent neighbourhoods

Investment Highlights

  • Scale – 83 residential units
  • Extremely well maintained and professionally managed
  • Proven renovation program in place - significant rental lift from residential renovations
  • Extensive upgrades completed – ($1M spent in 2016 alone on building upgrades)
  • Desirable Kerrisdale location, surrounded by an abundance of amenities
  • Easy access to major transportation corridors (West 41st and Granville St)
  • Stunning views from the majority of units
  • Concrete construction
  • Lot size - 33,053 sf
  • Bare Trust – potential to save PTT