11329 University Av NW - Apartments FOR SALE


Edmonton, AB T6G 1Y8- South Central
$42,000,000 CAD
780-982-5947
11329 University Av NW, Edmonton, AB for Sale
$42,000,000 CAD
Apartments - FOR SALE
1/1
null | 4.5% Cap Rate

11329 University Av NW
Edmonton, AB T6G 1Y8
South Central


OVERVIEW

Institutional Property Advisors, a division of Marcus & Millichap, is pleased to present the exclusive opportunity to purchase a luxury investment property desirably located adjacent to the University of Alberta, placing residents within walking distance of a wide array of amenities and employment centres, making it the ideal home for students and professionals alike. The Property contains 132 residential suites expertly designed with stainless steel appliances, stone countertops, triple-glazed windows, in-suite laundry, patios/balconies, and radiant in-floor heating. The building comes with an abundance of amenities such as a resident lounge, underground parking, a courtyard with BBQs, a dog-wash station, and LED lighting throughout. Institutional Property Advisors is presenting University 114 to the market unpriced. At this time, offers and expressions of interest will be reviewed on an as-received basis

FOR SALE DETAILS

PRICE

$42,000,000 CAD

PRICE/SF

$427 CAD /SF

# OF UNITS

132

PRICE/UNIT

$318,182

CAP RATE

4.5%

% LEASED

57%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

114 University

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

36,927 SF

ZONING

DC2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Paul ChaputInstitutional Property AdvisorsMore Info
780-982-5947

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Paul ChaputInstitutional Property AdvisorsMore Info
780-982-5947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.