Princeton apartment building sold for $2.15M

The 22-unit building is situated on a 37,017-square-foot lot

By
for Western Investor
January 7, 2019





princeton apartments
 
A 22-unit apartment building in Princeton, B.C. as sold for $2.15 million, according to Century 21 Coastal Realty. 
 
Twin Rivers Manor was constructed in 2011 and is situated on a 37,017-square-foot lot. The property sold for just above it’s assessed value on December 12, 2018. 
 
The property is located at 223 Burton Ave., Princeton. 
 

Breakdown: 

 
Price: $2,150,000
No. of Units: 22 
Price/Unit: $97,727
Lot Size: 37,017 SF
Property Type: Multi-family 
Zoning: C-3
2017 B.C. Assessment Value: $2,105,000
Date of Sale: 12/12/2018
City: Princeton  
Province: B.C.
Name of Brokerage: Century 21 Coastal Realty 
 

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