Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in a portfolio comprised of four, low-rise multifamily properties totalling 110 residential rental suites in Edmonton, Alberta, referred to herein as Edmonton Multifamily Portfolio (collectively, the “Portfolio”, the “Properties”, or individually, the “Property”).
The Properties for sale are as follows:
Spanish Monarch: 9825 - 25 Avenue NW, Edmonton
Cedarstone Place: 10152 - 158 Street NW, Edmonton
Cedarstone Manor: 10130 - 159 Street NW, Edmonton
Barrymore Apartments: 11042 - 128 Street NW, Edmonton
Prospective Purchasers have the opportunity to acquire individual, multiple, or the Portfolio in its entirety. The Property may be acquired free and clear of existing financing, which allows prospective purchasers to source new debt in an attractive interest rate environment.