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Winnipeg multi-family rental portfolio sold for $71.6M

Portfolio of 321 units in four virtually new buildings fetches $223,053 per door
DD Addison Winnipeg multifamily portfolio

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