Skip to content

East Vancouver multi-family sells for $422,222 per door

The three-storey, 18-unit rental apartment building on East 6th Avenue, Vancouver, built in 1968, sold for $7.5 million.
Goodman Commercial Inc., Vancouver, for Western Investor

Property type: Multi-family rental

Location: 306 East 6th Avenue, Vancouver

Number of units: 18

Property size: 11,275 square feet (rentable area).

Land size: 12,078 square feet

Zoning: RM-4

Sale price: $7.5 million

Capitalization rate: 2.1%

Brokerage: Goodman Commercial Inc., Vancouver

Brokers: Mark Goodman and Cynthia Jagger.