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Vernon 18-unit multi-family sold after price reduction

Price of $1.92 million netted rental property on 0.49-acres in emerging Mission Hills area of the North Okanagan, B.C., community
3405-21-ave-vernon
Colliers, Vancouver, for Western Investor

Type of property: Multi-family rental

Location: 3405 21 Avenue, Vernon, B.C.

Number of units: 18

Size of property: 21,593 square feet

Lot size, in acres: 0.49 acre

Zoning: RS

List price: $2.19 million

Sale price: $1.92 million

Brokerage: Colliers, Vancouver, B.C.

Brokers: Trevor Buchan, Dan Chatfield and Sunil Suvarna.