Spruce Grove apartment building sold for $1.75M

The 20-unit property includes a mix of one- and two-bedroom suites

By
for Western Investor
August 8, 2018






spruce grove
 
A 20-unit apartment building in Spruce Grove, Alberta has sold for $1.75 million, JLL Canada reports. 
 
The building is 3.5 storeys with a mix of four one-bedroom suites and 16 two-bedroom units. The property is located within easy access to schools, services, amenities and main arterial roadways. 
 
The property is located at 200 Church Rd., Spruce Grove. 
 

Breakdown: 

 
Price: $1,750,000
No. of Units: 20
Price/Unit: $87,500
Property Type: Multi-family 
Date of Sale: 08/03/2018
City: Spruce Grove   
Province: Alberta 
Name of Brokerage: JLL Canada
 

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Samuel Dean is a senior sales associate and JLL Edmotnon, 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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