DEAL | Adanac Apartments, 15-unit apartment building on a quarter-acre lot in East Vancouver, sold Dec. 14 for $4.3 million, achieving a cap rate of 3.8 per cent. Listed for just under its assessed value of $4,753,400, the 66-year-old property is zoned RM-4 and has future development potential under the Grandview Woodland Community Plan for up to six storeys.
PRICE | $4,300,000
FROM | Mark Goodman and Ian Brackett, Goodman Commercial
