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Edmonton's Chappelle Gardens apartments sold for $27.3 million

The new building sold for 170K per suite
chappelle gardens
 
Price: $27,350,000
No. of Units: 160
Price/Unit: $170,937
Property Type: Multi-family 
Date of Sale: 06/15/2017
City: Edmonton
Province: Alberta 
Name of Brokerage: CBRE Edmonton
 
A recently-constructed rental complex in Edmonton has sold for $27.35 million, according to Bradley Gingerich of CBRE Edmonton. 
 
The property has a mix of one-bedroom and two-bedroom suites with an underground parking garage, amenity building, community garden and fenced dog run for tenants. Chappelle Gardens recently went through a lease-up process and was listed for $30.25 million. 
 
The property is located at 1070 Chappelle Blvd. SW, Edmonton.
 
 
 

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