Price: $10,200,000
No. of Units: 76
Price/Unit: $134,210
Lot Size: 3.3 acres
Property Type: Multi-family
2016 B.C. Assessment Value: $6,269,000
Date of Sale: 03/15/2017
City: Prince George
Province: B.C.
Name of Brokerage: NAI Commercial
Three apartment buildings that make up Pine Valley Estates have sold for $10.2 million, Peter Seed of NAI Commercial.
The new condo units each include a patio or balcony and the buildings consist of one to three-bedroom suites. There are 76 units in total, priced at $134,210 per door. The rental units are presently fully occupied with a waiting list for occupancy. The properties sold for nearly $4 million above their combined assessed value of $6.2 million.
Pine Valley Estates is located at 3801, 3855 and 3901 Wiebe Rd., Prince George.
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