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Auburn Landing apartments sold for $51.17 million

Two residential buildings totalling 238 suites priced at $215,000 per unit
auburn landing
 
Price: $51,170,000
No. of Units: 238 
Price/Unit: $215,000
Property Type: Multi-family
Date of Sale: 06/22/16
City: Calgary
Province: Alberta
Name of Brokerage: CBRE Edmonton 
 
Two residential rental buildings near Calgary’s ring road Stoney Trail sold for $51.17 million. 
 
The buildings were newly constructed and occupied in 2015 to 2016. The Auburn Landing complex is comprised of two, four-storey lowrises with a total of 238 suites and 316 underground stalls and 16 surface stalls. Auburn Landing is adjacent to South Health Campus hospital and shopping at the Seton Urban District. Tenants at Urban Landing have full access to the Auburn Bay Residents Facility, a 13,390-square-foot lodge called Auburn House, featuring a grand hall, multi-purpose room and a gymnasium for community events.  
 
Auburn Landing is located at 20 Auburn Bay St. SE, Calgary. 
 
 

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