Purpose-built Langley rental building sold for $33M

Meridian Apartments has 90 units

for Western Investor
April 2, 2019

langley apartment
A newly constructed, purpose-built rental building in Langley sold for $33 million last year, CBRE Vancouver has reported. 
The 90-unit Meridian Apartments offers one- to three-bedroom suites, sold at approximately $366,666 per unit. 
The property is located at 5363 201 St., Langley.


Price: $33,000,000
No. of Units: 90  
Price/Unit: $366,666
Property Type: Multi-family 
2018 B.C. Assessment Value: $24,572,000
City: Langley 
Province: B.C. 
Name of Brokerage: CBRE Vancouver 

Do you have a Done Deal you'd like to promote? Submit here for a free posting!


Lance is executive vice president of CBRE’s National Apartment and Investment Properties Group with close to 21 years of experience in commercial real estate.

CBRE Canada
Suite 2500, 1021 W Hastings St.
Vancouver, B.C. V6E 0C3
Office: 604-662-5141

Copyright © Western Investor

Email to a Friend

Most Popular
Get the WesternInvestor.com Newsletter