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Apartment, Investment

Bosa Acquires Pacific Point in $79M Deal

Bosa Development has acquired Pacific Point, a 227-unit strata building located at 1323 Homer Street, at Pacific Street in Downtown Vancouver. The 20 year old project includes two phases over a common podium and is stratified but has been operated as a rental building since completion. It includes 11 commercial units on the ground floor. The building had been listed for sale by the Vendor, Concert Properties. The price per unit is approximately $350,000.

June 13, 2012by david.taylor@colliers.com
Apartment

Barclay Mansion, 1040 Barclay Street Sold

Barclay Mansion, a 40-unit apartment building in the West End has been sold by John Gee, Colliers for $10,300,000, or $258,000 per unit. The purchaser was a local investor.

 

Constructed in 1962 by a well-known local developer, Barclay Mansion is improved with a nine-storey concrete high-rise offering eight bachelors and thirty-two one bedrooms, and approximately 23,000 square feet of net rentable area.

May 24, 2012by david.taylor@colliers.com
Apartment

125 Williams Street, Port Moody Sold

Villa Leah Apartments in Port Moody has sold for $6,600,000. The 32-unit lowrise walkup apartment building located near the city centre of Port Moody was extensively renovated prior to the sale. The price per unit is $206,000.

May 14, 2012by david.taylor@colliers.com
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