825-609-7560
55 Mauretania W rd, Lethbridge, AB for Sale
Apartments - FOR SALE
1/8
null | Request Cap Rate

55 Mauretania W rd
Lethbridge, AB T1J 4A3


HIGHLIGHTS

  • Prime Location: In West Lethbridge, close to key amenities, ensuring strong demand and growth potential.
  • Phased Investment: Flexible options to invest in one phase or the entire development, with immediate and long-term returns.
  • 800+ Units: A total of 800+ units across 20 buildings, providing significant scale and growth potential.
  • High Return Potential: Positioned for rent growth and attractive ROI.
  • Modern Design & Amenities: Energy-efficient, mid-rise apartments with premium features for high occupancy.
  • Experienced Team: Backed by a proven team with a successful track record in multifamily projects.

OVERVIEW

Introducing The Nexus, an 80-unit multifamily complex and the first phase of a landmark $200M development in Lethbridge, Alberta. Strategically located just 200 meters from the Lethbridge Public Library, two high schools, commercial amenities and the Leisure Centre, The Nexus offers exceptional walkability and tenant convenience—factors that drive strong occupancy and long-term value. Situated in the heart of West Lethbridge, one of the city's fastest-growing areas, The Nexus is designed to meet the increasing demand for modern, well-appointed rental housing. With contemporary mid-rise architecture and premium amenities, this phase offers both immediate returns and long-term growth potential for investors. The full development will be delivered in phases, ultimately spanning 20 buildings and 800 units. Investors have the opportunity to secure a stake in The Nexus now—with the flexibility to expand involvement in future phases. This is your chance to enter early into a transformative project in one of Alberta’s most promising rental markets.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

80

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Nexus

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

High Density Residential

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ben KellyCedar Ridge Quality HomesMore Info
825-609-7560

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Ben KellyCedar Ridge Quality HomesMore Info
825-609-7560

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