Coquitlam, B.C., multi-family complex sells at $273K per door
Royal Pacific Realty
Western Investor
Well maintained 54-unit apartment complex on a 39,600 square-foot in Austin Heights neighbourhood sold for $14.75 million at 3.4 per cent capitalization rate.
Property type: Multi-family rental
Location: 1055 and 1065 Howie Street, Coquitlam, B.C.
Number of units: 54
Size of property: 40,000 square feet
Land size: 39,600 square feet
Land size in acres: 0.91 acres
Zoning: RM2
BC Assessment value: $13.10 million
List price: $15 million
Sale price: $14.75 million
Date of sale: February 28, 2022
Brokerage: Royal Pacific Realty, Vancouver
Broker: Jordan Guo
© 2022 Western Investor
