Edmonton apartment building sold for $1.6M

The 15-unit property sold for $106,666 per suite

By
for Western Investor
November 27, 2018





woodland manor
 
A 15-unit apartment building in Edmonton’s Delton neighbourhood has sold for $1.6 million, Colliers International reports. 
 
Woodland Manor is situated on a 14,202-square-foot lot, south of Yellowhead Trail with easy access to Edmonton’s downtown core. The property is a short drive to Kingsway Mall and the Northern Alberta Institute of Technology. The building sold for $106,666 per suite.
 
The property is located at 12309 97 St., Edmonton.
 

Breakdown: 

 
Price: $1,600,000
No. of Units: 15
Price/Unit: $106,666
Lot Size: 14,202 SF
Property Type: Multi-family 
Zoning: RA7
City: Edmonton  
Province: Alberta 
Name of Brokerage: Colliers International 
 

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Jandip Deol is an Associate Vice President with Colliers International’s Edmonton Multifamily Team.

Colliers International
2210 Manulife Place, 10180 - 101 Street
Edmonton, AB T5J 3S4
Office: 780-969-3043

Amit Grover has been a multifamily specialist with Colliers International since 2005 and is Vice President of the division.

Colliers International
2210 Manulife Place, 10180 - 101 Street
Edmonton, AB T5J 3S4
Office: 780-969-3006

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