Multi-Family Real Estate Recent Commercial Sales

Recent Sale: 1250 Blackwood Street, White Rock

1250blackwoodAnother Re/Max Bill Goold apartment sale this month, this time it is the White Sands Apartments in White Rock. This 26-unit multi-family, woodframe low-rise apartment building sold for $4,325,000 with an original asking price of $4,750,000 which represents a cap rate of 4.78%. Assessed value for the property is $2,725,000, and the building is approximately 43 years old. The lot area is 17,424 square feet.

Original PDF Brochure

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