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CHRISTOPHER KAMPHIUS Partner (780) 917 8348 [email protected]
RAPHAEL YAU Partner (780) 917 8326 [email protected]
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
For more information, please contact: CUSHMAN & WAKEFIELD EDMONTON
Suite 2700, TD Tower 10088 102 Avenue
Edmonton AB T5Y 2Z1 www.cwedm.com
6 BUILDING MULTIFAMILY PORTFOLIO EDMONTON, DEVON & CALMAR, ALBERTA FOR SALE 104 UNITS TOTAL
GREAT SUITE MIX IN THE CAPITAL REGION
PORTFOLIO DETAILS
LOCATION MIX Edmonton: 39 Units (38%) Devon: 47 Units (45%) Calmar: 18 Units (17%)
SUITE MIX (104 UNITS TOTAL)
31 One-Bedroom Units (30%) 1 One-Bedroom + Den Unit (1%) 63 Two-Bedroom Units (61%) 6 Two-Bedroom + Den Units (5.5%) 3 Three-Bedroom Units (2.5%)
VENDOR IS THE ORIGINAL BUILDER OF FIVE OF THE BUILDINGS
ASKING PRICE $16,600,000
PRICE PER UNIT $159,615
ANNUAL NOI $974,000
CAP RATE 5.9%
FINANCING Treat as Clear Title
OPPORTUNITY: Cushman & Wakefield Edmonton is pleased to offer the opportunity to acquire a well maintained multifamily portfolio located in Alberta’s Capital region. Continued migration to central Alberta has maintained low vacancy and spurred increasing rents. There are 104 units total, with 39 units in two adjacent buildings located in the City of Edmonton, 47 units in three adjacent buildings located in the Town of Devon, and an 18 unit building located in the Town of Calmar. The Edmonton properties are located in the Keheewin neighbourhood in the south of the city, an area which generally experiences some of the lowest vacancy and highest rents in Edmonton. Both Devon and Calmar are suburban communities which see large proportions of their population commute to Edmonton or the Edmonton International Airport on a daily basis to work. Devon, located 26km southwest of Edmonton, has a population of 6,500. Calmar, positioned 35km southwest of Edmonton, has a population of 2,000. The portfolio’s suite mix is very desirable with 69% of units containing two or more bedrooms offering high income potential. The properties have been well maintained. The Vendor was the original builder of five of the properties and has owned and operated them all for 30 years. The information detailed over the following pages is broken down for each region for comparison purposes, however the intent is to sell all 104 units as a single portfolio.
SITE 47 Units Total
Devon is 26km SW of Edmonton
SITE 18 Units Total
Calmar is 35km SW of Edmonton
SITE 39 Units Total
in SW Edmonton
104 UNITS TOTAL IN 6 BUILDINGS
EDMONTON, DEVON, & CALMAR, ALBERTA
CHRISTOPHER KAMPHIUS Partner (780) 917 8348 [email protected]
RAPHAEL YAU Partner (780) 917 8326 [email protected]
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
For more information, please contact: CUSHMAN & WAKEFIELD EDMONTON
Suite 2700, TD Tower 10088 102 Avenue
Edmonton AB T5Y 2Z1 www.cwedm.com
ESQUIRE MANOR (39 UNITS TOTAL) 1939/45 104 Street, Edmonton, Alberta
104 UNITS TOTAL IN 6 BUILDINGS
EDMONTON, DEVON, & CALMAR, ALBERTA
CHRISTOPHER KAMPHIUS Partner (780) 917 8348 [email protected]
RAPHAEL YAU Partner (780) 917 8326 [email protected]
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
For more information, please contact: CUSHMAN & WAKEFIELD EDMONTON
Suite 2700, TD Tower 10088 102 Avenue
Edmonton AB T5Y 2Z1 www.cwedm.com
CRESTON, CHRISTINE & IMPERIAL MANORS (47 UNITS TOTAL) 7, 9 & 15 Imperial Crescent, Devon, Alberta
104 UNITS TOTAL IN 6 BUILDINGS
EDMONTON, DEVON, & CALMAR, ALBERTA
CHRISTOPHER KAMPHIUS Partner (780) 917 8348 [email protected]
RAPHAEL YAU Partner (780) 917 8326 [email protected]
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
For more information, please contact: CUSHMAN & WAKEFIELD EDMONTON
Suite 2700, TD Tower 10088 102 Avenue
Edmonton AB T5Y 2Z1 www.cwedm.com
PARKSIDE MANOR (18 UNITS) 4910 50 Street, Calmar, Alberta
