Two rental apartment buildings in Vancouver have sold for $22 million, according to CBRE Vancouver.
The MA apartment portfolio consists of two older apartment complexes totaling 69 units. The properties sold for close to $3 million above their combined assessed value of $19.1 million.
The properties are located at 2333 Oxford St. and 225 North Garden, Vancouver.
Breakdown:
Price: $22,000,000
No. of Units: 69
Price/Unit: $318,840
Property Type: Multi-family
2017 B.C. Assessment Value: $19,120,000
City: Vancouver
Province: B.C.
Name of Brokerage: CBRE Vancouver
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