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Saskatoon apartment complex sold for $16.9M

The 142-unit rentals property sold for over $119K per suite
fairway greens
 
A rental complex in Saskatoon has been sold for $16.9 million, CBRE’s National Apartment Group tells Western Investor.
 
Fairway Greens sold for $119,436 per suite. The wood-frame, low-rise complex has 142 suites. The property is located near several amenities, including a golf course and clubhouse. 
 
The property is located at 102 – 118 Edinburgh Pl, Saskatoon. 
 

Breakdown: 

 
Price: $16,960,000
No. of Units: 142
Price/Unit: $119,436
Property Type: Multi-family 
Date of Sale: 09/29/2017
City: Saskatoon   
Province: Saskatchewan
Name of Brokerage: CBRE Edmonton 
 

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