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
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