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Multifamily

The Edge

8306 Jasper Ave, Edmonton, AB T5H 3S3

Listing Price: $5,650,000

Cap Rate
4.25%
Number of Units
42
GRM
11.73
Price/Unit
$134,524
Price/Gross SF
$171.21
Gross SF
33,000

Investment Overview

42-Suite Concrete Asset Offering Upside Potential in Central Edmonton

Investment Highlights

  • MEANINGFUL POTENTIAL INCOME GROWTH: In-place rents are below market providing an opportunity for an investor to capture immediate upside through consolidated ownership and management
  • ACCESSIBLE, CORE LOCATION: Situated in close proximity to major employment nodes, entertainment districts, the Edmonton River Valley and is within 500m of the Stadium LRT Station
  • CONCRETE URBAN ASSET: Seven-storey non-combustible asset comprised of 42 suites, nearly 50% of which are one-bedroom

Exclusively Listed By

Listing Price: $5,650,000

Cap Rate
4.25%
Number of Units
42
GRM
11.73
Price/Unit
$134,524
Price/Gross SF
$171.21
Gross SF
33,000

Investment Highlights

  • MEANINGFUL POTENTIAL INCOME GROWTH: In-place rents are below market providing an opportunity for an investor to capture immediate upside through consolidated ownership and management
  • ACCESSIBLE, CORE LOCATION: Situated in close proximity to major employment nodes, entertainment districts, the Edmonton River Valley and is within 500m of the Stadium LRT Station
  • CONCRETE URBAN ASSET: Seven-storey non-combustible asset comprised of 42 suites, nearly 50% of which are one-bedroom

Investment Overview

42-Suite Concrete Asset Offering Upside Potential in Central Edmonton

Exclusively Listed By

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