A 36-unit multi-family property has sold for $5.62 million, HomeLife Glenayre Realty tells Western Investor.
The apartment building was built in 1995 and includes a mix of one-bedroom and two-bedroom suites. The site sold for approximately $156,250 per unit. The property was listed for $5.7 million and has an assessed value of $5.69 million.
The property is located at 9219 Edwards St., Chilliwack.
Breakdown:
Price: $5,625,000
No. of Units: 36
Price/Unit: $156,250
Property Type: Multi-family
2018 B.C. Assessment Value: $5,969,000
City: Chilliwack
Province: B.C.
Name of Brokerage: HomeLife Glenayre Realty Chilliwack Ltd.
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