Goodman sells 11 storey concrete tower

Sold!  Regency Tower - 706 Queens Avenue, New Westminster

Sold! Regency Tower – 706 Queens Avenue, New Westminster

Just sold an 11-storey concrete high-rise rental tower in New Westminster.  Total of 112 suites for a sale price of $14,975,000 and a 4.9% cap rate.  Good condition.  Purchased by local investor.

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