A multi-family rental portfolio with four virtually new properties totalling 321 units in Winnipeg has sold for $71.6 million, reports Marcus & Millichap. That's the equivalent of $223,053 per door.
Breakdown:
Property type: Multi-family
Location: 10 El Tassi Drive, 11 El Tassi Drive, 90 Waterford Green Common and10 Highwater Path, Winnipeg
Number of units: 321 suites (combined)
Built: 2018
Sale price: $71,600,000
Brokerage name: Marcus & Millichap, Edmonton
Brokers: Bradley Gingerich, Paul Chaput, Bradyn Arth, and Jane Woertman of Institutional Property Advisors