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Spruce Grove townhouse development sold for $11.73M

The 60-unit multi-family development sold for approximately $195,500 per unit
spruce grove
 
A townhouse development in Spruce Grove, Alberta has sold for $11.73 million, CBRE Edmonton reports. 
 
The sale includes 60 townhouse units, sold at approximately $195,500 per unit. The property was sold on June 15, 2016. Spruce Grove is 11 km west of Edmonton. 
 
The property is located at 320 Pioneer Rd., Spruce Grove. 
 

 

Breakdown: 

 
Price: $11,730,000
No. of Units: 60
Price/Unit: $195,500 
Property Type: Multi-family 
Date of Sale: 06/15/2018
City: Spruce Grove
Province: Alberta 
Name of Brokerage: CBRE Edmonton
 

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