On May 31st, 2014, another Single Room Occupancy (SRO) Hotel in Vancouver’s Downtown East Side (DTES) was sold to an undisclosed private investor for $989,000.00. The St. Ehlmo hotel is located in the East Hastings Corridor at 425 Campbell St. It is a 3-story building with 18 single occupancy rooms which cost approximately $400 per month. For that money, the residents have the “luxury” of sharing two toilets and one shower per floor. The listing for St. Ehlmo hotel on the Colliers International website claims the appeal of the St. Ehlmo hotel is that it “represents a fantastic opportunity to add value and capitalize on the power of revitalization.”