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Rental apartment near Northern Alberta Institute of Technology sold for $2.25M

The 21-unit building sold for approximately $107,158 per suite
nait apartments
 
A walk-up apartment building in Edmonton has sold for $2.25 million, JLL Canada tells Western Investor
 
NAIT Apartments is comprised of 21 units over 2.5 storeys. The property is located within walking distance of the Northern Alberta Institute of Technology and Edmonton’s Light Rail Transit line. The property was listed for $2.3 million.  
 
The property is located at 11930 103 St., Edmonton. 
 

Breakdown: 

 
Price: $2,250,321 
No. of Units: 21
Price/Unit: $107,158
Lot Size: 22,498 SF 
Property Type: Multi-family 
Zoning: RA7
Date of Sale: 03/07/2018 
City: Edmonton  
Province: Alberta 
Name of Brokerage: JLL Canada 
 

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