A 20-unit Esquimalt apartment building has sold for $4 million thanks in part of its development potential, CBRE Vancouver reports.
The 21,600-square-foot property is located to several schools and amenities. The site has an assessed value of $3.63 million and sold for approximately $200,000 per suite.
The property is located at 850 Admirals Rd., Esquimalt.
Breakdown:
Price: $4,000,000
No. of Units: 20
Price/Unit: $200,000
Lot Size: 21,600 SF
Property Type: Multi-family
2018 B.C. Assessment Value: $3,636,000
City: Esquimalt
Province: B.C.
Name of Brokerage: CBRE Vancouver
Do you have a Done Deal you'd like to promote? Submit here for a free posting!
