$4,600,000
Edmonton
Edmonton, Alberta, T6E2K9
This multi-family property in Edmonton is for sale offering roughly 4,363 sq ft of space. It has been on the market 25 days, fresher than the Edmonton average of 62 days.
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. The Garneau Collection - A collection of three boutique purpose-built rental properties located in the heart of Edmontons highly sought-after Garneau Community. Comprising of two triplexes and one sixplex, the portfolio offers a total of 12 residential suites strategically located in the heart of Garneau, just steps from the University of Alberta, University of Alberta Hospital, Whyte Avenue, and the Edmonton River Valley. The Properties benefit from a diverse and resilient tenant base driven by students, healthcare professionals, university facility and young professionals seeking a highly walkable, amenity-rich lifestyle. The Garneau Collection presents investors with immediate in-place cash flow alongside meaningful opportunities to enhance revenue through operational efficiencies, and continued rental growth in one of Edmontons most supply-contained multifamily markets. The portfolios proximity to major employment centres, postsecondary institutions, rapid transit, and premier lifestyle amenities positions it for sustained occupancy and long-term value appreciation. With Garneau continuing to experience strong rental demand and limited opportunities to acquire multiple assets within the neighbourhood. The Garneau Collection represents a compelling investment opportunity to secure a well-located boutique multifamily portfolio in one of Edmontons most desirable urban communities. Three Addresses being sold together: 10751 85 Avenue (Sixplex with 2 bedrooms in each unit) 4363 sqft site size; 11007 85 Avenue NW (Triplex with 2 units having 3 bedrooms and 1 unit with 5 bedrooms) 4362 sqft site size; 11053 84 Avenue NW (Triplex with 2 units having 3 bedrooms and 1 unit with 5 bedrooms), 4349 sqft site size. (id:66096)
Extended: 25 days on market, against an average age of 62 days across the listings currently for sale in this city
This multi-family in Edmonton has been listed for 25 days, which is 37 days fresher than the city average of 62. Act while there is still low competition.
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Loading rates, 30-yr amortization
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