Turnkey investment (property+business) opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem!

General Info:

Sale Type:: Asset

Ownership:: Freehold

Property Type:: Business with Property, Multi-Family Commercial

Commercial Type:: Accommodation Travel & Tourism

Business Name:: Alma Beach Suites

Business Type:: Travel, Hotel/Motel

Business Established Year:: 2014

Construction:: Frame Wood

Name of Complex/Subdivision:: Alma Beach Suites

Num Storeys:: 3

Building Type:: Low Rise (2-4 storeys)

# Bldgs:: 1

# Units Total:: 7

# of Apartments:: 7

# of Studio Apartments:: 2

# of 1 Bedroom Apartments:: 2

# of 2 Bedroom Apartments:: 2

# of 3 Bedroom Apartments:: 1

Year built:: 1912 (Age: 113)

Living Area:: 4,936 sq. ft.459 m2

Lot Area:: 3,920.4 sq. ft.364 m2

Zoning:: Signup

Fencing:: Signup

# Of Parking Spaces - Total:: Signup

Road Frontage:: Signup

Road Surface:: Paved

Heating:: Signup

Electricity:: Yes

Services Connected:: Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting