Market Spotlight: Coquitlam Apartments

Coquitlam multifamily assets have shown a steady increase in value over the past 5 years as cap rates for apartment buildings have dropped across the region. This market is predominantly characterized by low-rise buildings. The average sales value over the past five years in this market is about $125,000, a value range that is consistent with areas such as East Vancouver and New Westminster.

 

Own an apartment building in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers  ·  604-761-7044