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Vancouver multi-family buildings sell for $648,800 per door

Two rental apartment buildings in Kitsilano have a total of 44 units and sold together for $28.5 million, including one with unobstructed ocean views.
Cornwall and Pine apts
CBRE, Vancouver, for Western Investor

Property type: Multi-family

Number of buildings: 2

Locations: 2280 Cornwall Avenue and 2775 Pine Street, Vancouver.

Total suites: 44

Property size: 14,697 square feet (Cornwall Avenue); 11,968 square feet (Pine Street)

Land size: 12,000 square feet (Cornwall Avenue); 12,493 square feet (Pine Street)

Zoning: RM-4

Sale price: $28.55 million

Brokerage: CBRE,  Vancouver

Brokers: David Ho and Robert Veerman