Chilliwack apartments sold for $10.5M

The 69 suites sold for approximately $152,173 per unit

By
for Western Investor
February 27, 2019





chilliwack
A Chilliwack apartment complex has sold for $10.5 million, HomeLife Glenayre Realty reports. 
 
The site includes 69 suites across two buildings, including 24 one-bedroom and 45 two-bedroom units. The buildings were built in 2002 and 2003, on 1.15 acres of land. The properties sold for approximately $152,173 per suite. Avison Young Commercial Real Estate represented the purchaser. 
 
The properties are located at 9245 and 9259 Edward St., Chilliwack. 
 

Breakdown: 

 
Price: $10,500,000
No. of Units: 69
Price/Unit: $152,173
Lot Size: 1.15 acres 
Property Type: Multi-family  
City: Chilliwack   
Province: B.C.
Name of Brokerage: Homelife Glenayre Realty 
 

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