A 207-suite, low-rise apartment complex in Spruce Grove, Alberta has been purchased for $34.46 million, or $166,473 per suite, reports JLL Canada.
Breakdown:
Property type: Multi-family rental complex
Number of units: 207
Location: 109-111 McLaughlin Drive, Spruce Grove, Alberta
Site size: 3.76 acres
Sale price: $34.46 million
Date of sale: September 2, 2019
Brokerage: JLL Canada
Broker: Samuel Dean
