Burnaby apartment building sold for $3.88M
The 14-unit apartment building sold for $277,785 per suite
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A 14-unit apartment building in Burnaby has sold for $3.88 million, the Goodman Team at HQ Commercial reports.
Ridge Crest Manor is located in Burnaby’s Westridge neighbourhood, just five minutes from Simon Fraser University. The woodframe apartment was constructed in 1964 and is comprised of three two-bedroom suites and 11 one-bedroom units. The property sold for approximately $277,785 per suite.
The property is located at 7165 Pandora St., Burnaby.
No. of Units: 14
Lot Size: 14,201 SF
Property Type: Multi-family
2018 B.C. Assessment Value: $4,219,000
Name of Brokerage: HQ Commercial
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