East Van Apartment Building Sells for $328k per Unit

A 23-unit walkup apartment building in the Mount Pleasant area of East Vancouver has sold. The 1968 era building had been listed for sale for $7,500,000 by Mark Goodman.

Details:

  • Purchase Price: $7,550,000
  • Price per Unit: $328,261
  • Cap Rate: 4.0%
  • Site Area: 12,064 SF