New Westminster rental building sold for $5.65M
The 16-unit apartment sold for $353,125 per suite
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A 16-unit rental apartment building in New Westminster has sold for $5.65 million, the Goodman Report team of HQ Commercial reports.
Westview Manor consists of 11 one-bedroom suite and five two-bedroom units, sold at approximately $353,125 per suite. The property features views of the Fraser River and Valley and is only a five-minute walk to Moody Park. The property was listed for $5,760,000 and assessed at $3,373,000.
The property is listed at 1210 Seventh St., New West.
No. of Units: 16
Property Type: Multi-family
2017 B.C. Assessment Value: $3,373,000
City: New Westminster
Name of Brokerage: HQ Commercial
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