Kerrisdale Apartment Building, Sold

An 11-unit apartment building, known as Bel Aire Apartments at 6356 East Boulevard, has sold for $4,710,000, or $428,000 per unit, or a 2.10% cap rate. The buyer is East Boulevard Property (Westland) Ltd.  The building had been listed for sale for $5,000,000.

6356 East Blvd

 

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