A 14-unit apartment building in Burnaby has sold for $3.88 million, the Goodman Team at HQ Commercial reports.
Ridge Crest Manor is located in Burnaby’s Westridge neighbourhood, just five minutes from Simon Fraser University. The woodframe apartment was constructed in 1964 and is comprised of three two-bedroom suites and 11 one-bedroom units. The property sold for approximately $277,785 per suite.
The property is located at 7165 Pandora St., Burnaby.
Breakdown:
Price: $3,889,000
No. of Units: 14
Price/Unit: $277,785
Lot Size: 14,201 SF
Property Type: Multi-family
Zoning: RM-2
2018 B.C. Assessment Value: $4,219,000
City: Burnaby
Province: B.C.
Name of Brokerage: HQ Commercial
Do you have a Done Deal you'd like to promote? Submit here for a free posting!
