New Kelowna multi-family complex sells for $55 million

The new five-storey, 175-unit purpose-built luxury rental complex in Kelowna, B.C.'s, Glenmore area was sold upon completion to Toronto-based Centurion Apartment Real Estate Investment Trust.

By
Marcus & Millichap / Institutional Property Advisors team / Edmonton
September 2, 2020





Trio in Kelowna sold
— Marcus & Millichap, Institutional Property Advisors team, Edmonton

Type of property:Multi-family rental

Location:333,335, 337 Drysdale Boulevard, Kelowna, B.C.

Number of units:175

Year built:2020

Sale price:$55 million

Date of sale:September 1, 2020

Brokerage name:Marcus & Millichap, Institutional Property Advisors, Edmonton

Brokers:Bradyn Arth, Paul Chaput, Bradley Gingerich and Jane Woertman

 


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