Multi-Family Real Estate Recent Commercial Sales

Recent Sale: 1621 St. Georges Avenue, North Vancouver

hartwickBill Goold’s team has sold another small apartment located at 1621 St. Georges Avenue, North Vancouver, featuring 14 suites and 9299 square feet of rentable area. The building is named Hartwick Apartments. The 43 year old building was assessed at $1,649,000, and sold for $2,275,000. The original asking price for the property was $2,400,000. The net revenue for the property for 2008 was $117,309, representing a selling cap rate of 5.15% based on 2008 income.

Original PDF Brochure for Hartwick Apartments

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