Property Description
Macdonald Commercial Real Estate Services Ltd. and Marcus & Millichap Real Estate Investment ServicesCanada Inc. (together, the “Advisors”) are pleased to offer for sale, on behalf of WestUrban Developments, Park Edge Residences (“Park Edge” or the“Property”), located at 3910 Alexis Park Drive,Vernon, BC.
Park Edge consists of a newly built, four-storey, 84- unit A-class rental apartment building with a net rentable area of 51,344 square feet. The Property features a unit mix of 9 studio, 51 one-bedroom and24 two-bedroom units, with an average unit size of 611 square feet.
There are a myriad of building and suite features, including secure fob-controlled entry, monitored common areas, secure on-site parking and bicycle storage, elevator access, individually metered hydro, on-site fitness amenities, and modern suites with stainless steel appliances, air conditioning, mini-split heat pumps, full-size laundry, quartz countertops, and private balconies.
Situated on approximately 1.10 acres along Alexis Park Drive, in the established Alexis Park neighbourhood, the Property benefits from close proximity to Vernon’s central amenities, including major retail centres, grocery and service nodes, schools, and numerous parks and recreational facilities.