Burnaby apartment building sold for $11.3M

The 36-unit property is situated on a 23,734-square-foot lot just a block off Kingsway

By
for Western Investor
April 24, 2019





arcola st
 
A 36-unit apartment building in Burnaby sold last year for $11.35 million, NAI Commercial reports. 
 
Sevilla Apartments in located just one block from Kingsway Street on a 23,734-square-foot lot. The property includes a mix of 33 one-bedroom suites and three two-bedroom units. The building was constructed in 1969 and underwent a roof replacement approximately ten years ago. 
 
The property is located 7227 Arcola St., Burnaby. 
 

Breakdown: 

 
Price: $11,350,000
No. of Units: 36 
Price/Unit: $315,277
Lot Size: 23,734 SF
Property Type: Multi-family 
Zoning: RM-3 
2018 B.C. Assessment Value: $10,651,000
City: Burnaby   
Province: B.C. 
Name of Brokerage: NAI Commercial 
 

Do you have a Done Deal you'd like to promote? Submit here for a free posting!


Terry has 39 years of experience as a real estate specialist in multi-family investments.

NAI Commercial
Suite 1300, 1075 West Georgia St.
Vancouver, B.C. V6E 3C9
Office: 604-691-6615

Jackson is vice-president of NAI Commercial and began working as a commercial realtor with the company in 1987. He specializes in multi-family sales.

NAI Commercial
Suite 1300, 1075 West Georgia St.
Vancouver, B.C. V6E 3C9
Office: 604-691-6630

Brandon has worked in real estate since he was 18 years old and specializes in multi-family investment sales.

NAI Commercial
Suite 1300, 1075 West Georgia St.
Vancouver, B.C. V6E 3C9
Office: 604-691-6630

Copyright © Western Investor

Email to a Friend

Close
Most Popular
Get the WesternInvestor.com Newsletter