DEAL | A 14-unit multi-family building at 680 Wade Avenue East, Penticton, sold Oct. 21 for $2.4 million. This was just short of the list price of $2.5 million, and worked out to average of $173,214 per unit. The effective cap rate was 4.27 per cent. Situated at a quiet node along the popular Kettle Valley Trail, the 44-year-old property is assessed at just over $2.2 million.
PRICE | $2,425,000
FROM | Trevor Buchan and Dan Chatfield, Colliers
