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