Berkeley Apartments, 990 Bute Street Sold
A 36-unit building at the corner of Nelson and Bute Streets in the West End of Downtown Vancouver has sold for $13,000,000. The building was originally constructed in the 1930’s but was fully renovated in 2010/2011. The cap rate was 4.15%. The buyer was Belmont Properties.
Own an apartment building in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
David Taylor, Colliers — Active Listings & Recent Sales
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What is the rent for these at 990 Bute? Any photos?