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.
Breakdown:
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
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