White Rock, B.C., 31-unit multi-family rental trades at $8.5 million
Western Investor Staff
Western Investor
Built in 1976 on a 19,395-square-foot lot, the four-storey apartment building sold at $288,710 per door at a 3 per cent capitalization rate.
Goodman Commercial Inc., Vancouver, for Western Investor
Property type: Multi-family rental
Location: 1558 Fir Street, White Rock, B.C.
Number of units: 31
Size of land: 19,395 square feetSize of land in acres: 0.44 acres
Zoning: RM-2
List price: $8.95 million
Sale price: $8.55 million
Brokerage: Goodman Commercial Inc., Vancouver
Brokers: Ian Brackett, Mark Goodman and Cynthia Jagger
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