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Maple Ridge multi-family sells at $233,108 per door

The 37-unit, four-storey, wood-frame rental apartment building on a 17,437-square-foot lot sold above BC Assessment value at $8.62 million.
NAI Commercial, Vancouver, for Western Investor
22334-117 Av
NAI Commercial, Vancouver, for Western Investor

Property type: Multi-family rental

Location: 22334 117th Avenue, Maple Ridge, B.C.

Number of units: 37

Land size: 17,437 square feet

Land size in acres: 0.40 acres

Year built: 1999

Zoning: C-3

BC Assessment value (2021): $7.162 million

Sale price: $8.625 million

Brokerage: NAI Commercial, Vancouver

Brokers: Brandon Harding, Terry Harding and Jackson Tang.