The Brix

143 Front St, Penticton

Sold for $4,100,000

$4,100,000

Sale Price

15

Total Units

2019

Year Built

$273,000

Price Per Unit

DESCRIPTION

The Brix at 135/143 Front St, Penticton sold for $4,100,000.

The Brix is a brand new mixed-use apartment building located in the heart of downtown Penticton. This irreplaceable location is just a block to the waterfront and features spectacular 360 degree views from its rooftop deck.

Building was constructed to a very high standard. Concrete and steel construction was used throughout. It’s an ultra-modern building with a timeless aesthetic.

Seth Baker acted as buyer’s representative.

SPECIFICATIONS

Property Type · Apartment Building
Price Per Unit · $273,000
Lot Size · 6,000 Sq Ft
Year Built · 2019

HIGHLIGHTS

• Downtown Penticton Location

• Stunning Lake Views

• Exceptional Construction Quality

LOCATION

135/143 Front Street
Penticton BC V2A 1H3

Assessed Value (2020)
$4,101,500

 

ABOUT THE DEAL

How did we do it?

The Brix was marketed on MLS by a local agent. Seth Baker of Multifamily Real Estate Services exclusively represented the buyer of the building.

We performed extensive due diligence and analysis to make sure this is a safe and profitable investment for decades to come.

What did we learn?

Some people are an absolute pleasure to work with. Working with investors who can trust our advice and can make good decisions is rewarding for everyone.

Our reputation and skill helped build trust and rapport with the sellers. Everyone left this deal happy with the outcome.