11224 86 St NW - Apartments FOR SALE


Edmonton, AB T5B 3H8- Central
$20,500,000 CAD
587-330-3774
11224 86 St NW, Edmonton, AB for Sale
$20,500,000 CAD
Apartments - FOR SALE
1/7
null | 4.9% Cap Rate

11224 86 St NW
Edmonton, AB T5B 3H8
Central


HIGHLIGHTS

  • Walk to LRT Station
  • 100% fully leased
  • Reinforced concrete and steel foundation

OVERVIEW

- Completed rental apartment built in 2024 - 100% fully leased and stabilized asset in high-demand rental corridor - Steps from LRT Station - Modern finishes, in-suite laundry, and rooftop patio amentities - Suitable for CMHC-Insured lenders and MLI Select borrowers

FOR SALE DETAILS

PRICE

$20,500,000 CAD

PRICE/SF

$271 CAD /SF

# OF UNITS

78

PRICE/UNIT

$262,821

CAP RATE

4.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HHH Plaza

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

RMh23

APN/PARCEL ID

4245304

ASK ABOUT THIS PROPERTY

Kerry LauThe Real Estate Company Ltd.More Info
587-330-3774

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Kerry LauThe Real Estate Company Ltd.More Info
587-330-3774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.