Fort Saskatchewan apartment complex sold for $25.1M

The three-building Windsor Apartments includes 144 units

By
for Western Investor
April 29, 2019





windsor apartments
— CBRE
 
A three-building multi-family property in Fort Saskatchewan has sold for $25.1 million, CBRE Edmonton has reported. 
 
The transaction of Windsor Apartments includes three separate addresses and 144 suites. The property sold for approximately $174,305 per unit. 
 
The properties are located at 8301, 8401, 8501 Wilshire Blvd., Fort Saskatchewan. 
 

Breakdown: 

 
Price: $25,100,000
No. of Units: 144
Price/Unit: $174,305
Property Type: Multi-family 
City: Fort Saskatchewan 
Province: Alberta 
Name of Brokerage: CBRE Edmonton
 

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Bradley Gingerich is senior managing director of investments at IPA, a division of Marcus and Millichap.

Institutional Property Advisors
Suite 3400, 10180 101 Street
Edmonton, AB T5J 3S4
Direct: 587-756-1575

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