11,275 square feet multi-family sells for $7.5 million


Thursday, January 6th, 2022

East Vancouver multi-family sells for $422,222 per door

Goodman Commercial Inc.
Western Investor

The three-storey, 18-unit rental apartment building on East 6th Avenue, Vancouver, built in 1968, sold for $7.5 million.

Property type: Multi-family rental
Location: 306 East 6th Avenue, Vancouver
Number of units: 18
Property size: 11,275 square feet (rentable area).
Land size: 12,078 square feet
Zoning: RM-4
Sale price: $7.5 million
Capitalization rate: 2.1%
Brokerage: Goodman Commercial Inc., Vancouver
Brokers: Mark Goodman and Cynthia Jagger.

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