Objectomschrijving
Signature Place (the “Property”) presents the opportunity to acquire a premium 14-storey, concrete high-rise apartment building containing 158 residential rental suites near Downtown Edmonton.
The Property is ideally located in the amenity-rich and desirable neighbourhood of Oliver, one of the most desirable, sought-after communities in the city. The Property consists of 158 suites, with a breakdown of 52 bachelor suites, 79 one-bedroom suites, and 27 two-bedroom suites. Building amenities include on-site laundry, fitness centre, tenant social room, storage lockers, surveillance cameras and key fob access.
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Attributen
Aantal verdiepingen
14 verdiepingen
Aantal eenheden
158 eenheden
Bouwjaar
1963
Parkeerplaatsen
130
Media
Investeringskenmerken
- Well-Connected Community Adjacent to the Downtown Core - Proximity to a wide range of amenities, including an abundance of restaurants, cafes, pubs, entertainment venues, and boutique shops.
- Central Location Near Universities & Major Employment Hubs - The Property is within proximity to numerous major employment centers such as the Central Business District, hospitals, post-secondary institutions, and retail centers.
- Strong Edmonton Market Fundamentals - The Edmonton multifamily market is currently experiencing significant upward pressure with record breaking population growth.
- High Quality Building with a Desirable Suite Mix - Containing a desirable mix of bachelor, one-, and two-bedroom suites, which range in size from 467 to 955 SF.
- Rental Upside Available - Continuing on with the suite renovation program will allow a new owner to further distinguish the Property and drive additional rent premiums.
- Institutionally Owned & Managed - Signature Place has been institutionally owned and managed since 1998.
- CMHC MLI Select Candidate - Signature Place is an ideal candidate for the new CMHC MLI Select debt program.
Contact adviseurs
Signature Place (0 Eigendommen)
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Laatst bijgewerkt
Jun 20, 2024
