A 21-unit Victoria apartment building, sold at full list price of $4.3 million, is rented below market value and has “significant rental upside,” the selling agents claim.
Property type: Multi-family rental building
Number of units: 21
Location: 805 Cook Street, Victoria, B.C.
Property size: 14,4489 square feet
Lot size: 0.33 acres
List price: $4.3 million
Sale price: $4.3 million
Date of sale: November 28, 2019
Brokerage: Avison Young, Vancouver
Brokers: Carey Buntain, Chris Wieser, Robert Greer