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East Vancouver 14-unit multifamily rental sells at full list price

The building, on a 0.20-acre lot in the Hastings-Sunrise area, sold for $4.99 million at a 3.9 per cent cap rate
Kleaman Commercial Group, Vancouver, for Western Investor
112-nanaimo-st
Kleaman Commercial Group, Vancouver, for Western Investor

Property type: Multi-family rental

Location: 112 Nanaimo Street, Vancouver

Number of units: 14

Lot size: 8,540 square feet

Lot size in acres: 0.20 acres

Zoning RM 3A

List price: $4.99 million

Sale price: $4.99 million

Dale of sale: April 25, 2023

Brokerage: Kleaman Commercial Group, North Vancouver, B.C.

Brokers: Gordon Kleaman and Jim Pilkington