A brand new, 98-suite apartment building in Langley has sold for $39 million in an off-market deal, representing one of the largest rental apartment transactions in Metro Vancouver so far in 2019.
Breakdown:
Price: $39 million
Number of units: 98
Price per unit: $397,959
Property type: Multi-family rental
Date of sale: June 28, 2019
Address: 5393 201 Street
City: Langley, BC
Name of brokerage: CBRE National Apartment Group, Vancouver
Agent: Lance Coulson