6855 NW Ad Astra Blvd - Apartments FOR SALE


Edmonton, AB T5E 6Z6- North
$68,000,000 CAD
780-540-5421
6855 NW Ad Astra Blvd, Edmonton, AB for Sale
$68,000,000 CAD
Apartments - FOR SALE
1/14
null | Request Cap Rate

6855 NW Ad Astra Blvd
Edmonton, AB T5E 6Z6
North


HIGHLIGHTS

  • ATTRACTIVE SUITE MIX
  • UTILITY RECOVERY REVENUE
  • LUXURIOUS SUITES & AMENITIES
  • SOUGHT AFTER LOCATION

OVERVIEW

Developed by Canada Lands Company, Griesbach is one of Edmonton’s most distinctive residential communities. The community has won several development awards, including the first LEED-ND (Neighbourhood Development) Gold Certification in Edmonton. Master-planned to deliver a cohesive, high-quality living environment, the community is recognized for its walkable urban-village design, featuring tree-lined boulevards, interconnected pathways, lakes, parks, and neighbourhood gathering spaces. Nearly one-quarter of the community has been dedicated to outdoor amenities, distinguishing Griesbach from conventional suburban development and reinforcing the neighbourhood’s long-term residential appeal. The Property sits within walking distance of the central park, community garden and Major General Griesbach School (K-9). Several family services are also close by, including a daycare and dental office directly across from the Property. Only a 4-minute drive away is The Village at Griesbach, a shopping centre destination within the community that holds small business retail, multiple restaurants, and is anchored by Shopper’s Drug Mart.

FOR SALE DETAILS

PRICE

$68,000,000 CAD

PRICE/SF

$242 CAD /SF

# OF UNITS

241

PRICE/UNIT

$282,158

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Barracks

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2022

PARKING SPACES

249

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

GLRA

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Amit GroverAvison YoungMore Info
780-540-5421

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Amit GroverAvison YoungMore Info
780-540-5421

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