Penticton 31-unit rental apartment building worth $4.8 million

The sale price represents a per-suite price of $155,645 and a capitalization rate of 5.7 per cent.

By
James Blair / Patrick McEvay / JLL Capital Markets for Western Investor
June 18, 2020





JLL Capital Markets Penticton sale
— James Blair, Patrick McEvay, JLL Capital Markets for Western Investor

Type of property: Multi-family rental

Location: 669 Martin Street, Penticton, B.C.

Number of units: 31

Land size: 21, 780 square feet

Date of sale: June, 2020

Sale price: $4.82 million

Brokerage: JLL Capital Markets, multifamily,  Vancouver

Brokers: James Blair, Patrick McEvay

 

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