Fort McMurray apartment building sold for $3.5M

The 50-unit investment property is located near schools and transit

By
for Western Investor
January 18, 2019





krista court
 
A 50-unit apartment building in Fort McMurray, Alberta has sold for $3.5 million, JLL Canada reports. 
 
Krista Court is a well-located, wood-frame investment property, with a mix of one- and two-bedroom suites. Twenty-two of the 50 units are fully renovated. The building is situated on a 40,947-square-foot lot. 
 
The property is located at 108 Elmore Dr., Fort McMurray. 
 

Breakdown:

 
Price: $3,500,000
No. of Units: 50
Lot Size: 40,947 SF
Property Type: Multi-family
Zoning: R3
Date of Sale: 12/18/2018
City: Fort McMurray
Province: Alberta
Name of Brokerage: JLL Canada 
 

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Samuel Dean is a senior sales associate and JLL Edmonton, specializing in multi-residential real estate.

JLL Canada
Suite 2102, 10088 102 Ave.
Edmonton, AB T5J 2Z1
Direct: 780-328-2560

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