New Kelowna multi-family complex sells for $55 million
Marcus and Millichap
Western Investor
The new five-storey, 175-unit purpose-built luxury rental complex in Kelowna, B.C.’s, Glenmore area was sold upon completion to Toronto-based Centurion Apartment Real Estate Investment Trust.
Type of property:Multi-family rental
Location:333,335, 337 Drysdale Boulevard, Kelowna, B.C.
Number of units:175
Year built:2020
Sale price:$55 million
Date of sale:September 1, 2020
Brokerage name:Marcus & Millichap, Institutional Property Advisors, Edmonton
Brokers:Bradyn Arth, Paul Chaput, Bradley Gingerich and Jane Woertman
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