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Langley 28-suite rental building sells for $6.2 million

The property is situated on a 26,523 square-foot lot offering an immediate redevelopment opportunity, based on the current zoning.
CBRE Ltd., Vancouver, for Western Investor
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CBRE Ltd., Vancouver, for Westernj Investor

Property type: Multi-family

Location: 20672 Eastleigh Crescent, Langley, B.C.

Number of units: 28

Property size: 16,800 square feet

Land size: 26,523 square feet

Land size in acres: 0.61 acres

Zoning: RM2

B.C. Assessment value: $5.62 million

List price: $6.2 million

Sale price: $6.2 million

Date of sale: July 19, 2022

Brokerage: CBRE Ltd.,Vancouver.

Broker: Kevin Murray