The Goodman’s broker another multi-family apartment transaction, this time in Vancouver’s Downtown West End. The subject property is located at 1075 Burnaby Street, Vancouver. The property located on the northeast corner of Burnaby and Thurlow and is improved with a three-storey plus penthouse building, featuring 20 suites. The asking price for the building was $3,850,000 and sold for $3,325,000, representing a stabilized capitalization rate of 4%. The building did need some work done to it.
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