A 29-unit rental apartment in New Westminster has sold for $6.67 million, NAI Commercial tells Western Investor.
Key Manor Apartments sold is situated on a 17,820-square-foot lot, sold for $230,000 per unit. The apartment complex sold for above its assessed value of just over $6 million. The four-storey structure was built in 1968.
The property is located at 610 Blackford St., New Westminster.
Breakdown:
Price: $6,670,000
No. of Units: 29
Price/Unit: $230,000
Lot Size: 17,820 SF
Property Type: Multi-family
Zoning: RM-2
2017 B.C. Assessment Value: $6,051,000
Date of Sale: 01/18/2018
City: New Westminster
Province: B.C.
Name of Brokerage: NAI Commercial
Do you have a Done Deal you'd like to promote? Submit here for a free posting!