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16-unit Chilliwack apartment complex sold at $103K per door

The rental building consists of a mix one-bedroom, two-bedroom and bachelor suites
college apartments
 
Price: $1,655,000
No. of Units: 16 
Price/Unit: $103,437
Lot Size: 15,136 SF
Property Type: Multi-family 
Zoning: R4
2016 B.C. Assessment Value: $1,530,000
Date of Sale: 03/15/17
City: Chilliwack
Province: B.C. 
Name of Brokerage: Homelife Glenayre Realty 
 
A 16-unit apartment complex in Chilliwack has sold for $1.65 million, Rick Toor from Homelife Glenayre Realty reports. 
 
The building is a fully occupied and well kept, with an on-site caretaker. The apartment is comprised of nine two-bedroom suites, six one-bedroom units and one bachelor suite. The property has an assessed value of $1.53 million and was listed on the market for $1.7 million. 
 
The property is located at 9545 College St., Chilliwack. 
 
 

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