Vancouver apartment building sold for $375K per suite

Garden Manor Apartments sold for $6 million

By
for Western Investor
September 11, 2018






triumph st
 
A 16-unit apartment building in Vancouver has sold for $6 million, CBRE Vancouver reports. 
 
The three-storey building was built in 1971 and sold for approximately $375,000 per suite. The property has an assessed value of $5.86 million. 
 
The property is located at 2285 Triumph St., Vancouver. 
 

Breakdown: 

 
Price: $6,000,000
No. of Units: 16
Price/Unit: $375,000 
Property Type: Multi-family 
2017 B.C. Assessment Value: $5,864,000
City: Vancouver  
Province: B.C. 
Name of Brokerage: CBRE Vancouver 
 
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Lance is executive vice president of CBRE’s National Apartment and Investment Properties Group with close to 20 years of experience in commercial real estate.

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

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