Skyline REIT buys Victoria apartment buildings for $57M

Two multi-family rental buildings have a combined 187 units

By
for Western Investor
September 20, 2019





DD Victoria rental buildings Skyline REIT

Skyline Apartments Real Estate Investment Trust has bought two multi-family rental buildings in Greater Victoria, totalling 187 units, for a combined price of $57 million.

Breakdown:

Property type: Multi-family rental 

Location: Greater Victoria

Number of buildings: Two

Number of units: 187

Purchase price: $57 million

Date of sale: September 11, 2019

Buyer: Skyline Apartment Real Estate Investment Trust

Brokerage: IPA, a division of Marcus & Millichap

Agent: Bradyn Arth


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