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CAPREIT buys 147-unit rental complex in Maple Ridge, B.C.

Queen Anne Apartments, a four-building portfolio on 3.15 acres, bought in all-cash deal for $29.2 million.
Western Investor Staff
12186 224 Street, Maple Ridge, B.C. CAPREIT
Canadian Apartment Properties Real Estate Investment Trust, Toronto, for Western Investor

Property type: Multi-family rental

Number of buildings: 4

Number of units: 147

Location: 12186 224 Street, Maple Ridge, B.C.

Land size: 3.15 acres.

Sale price: $29.2 million

Date of sale: November 26, 2020

Purchaser: Canadian Apartment Properties Real Estate Investment Trust, Toronto.