A 21-unit apartment building in Edmonton has sold for $3.5 million, Maxwell Polaris has told Western Investor.
Grandin Apartments is a four-storey, walk-up apartment building in the Oliver area of Edmonton. The building is 37,305 square feet, situated on a 21,780-square-foot lot. One of the units is an illegal suite. The sale completes on April 18th.
The property is located at 9740 111 St., Edmonton.
Breakdown:
Price: $3,555,000
No. of Units: 21
Price/Unit: $169,285
Lot Size: 21,780 SF
Property Type: Multi-family
Zoning: RA7
Closing Date: 04/18/2018
City: Edmonton
Province: Alberta
Name of Brokerage: Maxwell Polaris
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