The Northwest Apartment Portfolio
Edmonton, AB
For Sale
Property Details
- Property Type: Walk-Ups
- Total Properties: 3
- Total Units in Portfolio: 248
- Years Built: 1969 - 1982
- Zoning: Medium Scale Residential (RM h16)
- Parking: Surface & Covered (Terrace Garden)
- Laundry: Shared
- Cap Rate Guidance: 5%
Location Overview
This portfolio of 3 existing multifamily buildings is located across the Northwest quadrant of Edmonton. All 3 properties have close proximity to important and essential amenities, while each also carry unique highlights from their locations within the city.
Lorelei House is located next to walking paths that lead to outdoor spaces within the community, including playgrounds, sports fields and the Beaumaris Lake. Terrace Garden Estate's location is convenient for its quick access to the Palisades shopping corridor along 137th Avenue and Public Library across the street. Westmoreland is close to major employment and commuting options, being within walking distance of Mayfield Common, and a short drive from Terra Losa Shopping Centre and West Edmonton Mall with its future LRT station.
