A $1.68 million price reduction has led to the $10 million sale of a 21-suite, 40-year-old Vancouver multi-family rental building, reports Goodman Commercial.
Breakdown:
Property type: Multi-family rental building
Location: 2182 West 39th Avenue, Vancouver
Number of suites: 21
Land size: 11,850 square feet
Zoning: RM-3
Original list price: $12.98 million
Reduced list price: $11.3 million
Sale price: $10 million
Date of sale: September 23, 2019
Brokerage: Goodman Commercial Inc., Vancouver
Brokers: Mark Goodman, Cynthia Jagger