Lynn Gary Apartments, 520 10th Street New Westminster Sold

520 10th Street, a 3-storey, 50 unit walkup apartment building in New Westminster has sold for $5,500,000, representing $110,000 per unit and a capitalization rate of 5.6%. The building is woodframe and was built in 1967.

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