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Fort McMurray receivership sale fetches $1.7M

The 24-unit multi-family property is partially complete and sold for approximately $70K per unit
fort mcmurray
A Fort McMurray receivership sale fetched $1.7 million, Colliers International tells Western Investor.
The partially complete multi-family property includes 16 two-bedroom unit and eight two-bedroom suites. The main floor includes 1,000 square feet of commercial space on with Borealis District zoning. The central Fort McMurray site includes 16 underground parking stalls and eight surface stalls. Located with easy access to public transportation and minutes away from local amenities.
The property is located at 10008 Fraser Ave., Fort McMurray. 


Price: $1,700,000
No. of Units: 24
Price/Unit: $70,833
Lot Size: 9,100 SF
Property Type: Multi-family 
Zoning: BOR1 
Date of Sale: 04/19/2018
City: Fort McMurray  
Province: Alberta 
Name of Brokerage: Colliers International 

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