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Squamish new 67-unit purpose-built rental sold for $38 million

The mixed-use property, which includes ground-floor commercial space and has just completed in downtown Squamish, B.C., attracted multiple, competitive offers
Cushman & Wakefield, Vancouver, for Western Investor
38012-third-avesquamish
Cushman & Wakefield, Vancouver, for Western Investor

Property type: Mixed-use multi-family

Location: 38012 Third Avenue, Squamish, B.C.

Number of units: 67 residential rentals; 3 commercial units

Total leasable: 54,000 square feet

Price: $38 million

Brokerage: Cushman & Wakefield, Vancouver

Brokers: Chris Harper, Patrick Hannah and David Venance