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The Grange Apartments sold for $425K per door

The 85 year-old rental complex was purchased for $9,350,000
the grange
Price: $9,350,000
No. of Units: 22
Price/Unit: $425,000
Property Type: Multi-family 
Zoning: RM
2016 B.C. Assessment Value: $8,432,000
City: Vancouver  
Province: B.C. 
Name of Brokerage: CBRE Vancouver
An apartment in Vancouver’s Westside sold for $9.3 million, Western Investor has learned. 
The 22-unit walk-up was built in 1932 and sold for an impressive $425,00 per suite. The Grange Apartments is a two-storey building situated at a 100 by 125ft lot. 
The property is located at 1395 West 14th Ave., Vancouver. 

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