Address: 10231 120 St NW, Edmonton, AB T5K 2A4, Canada
Created date: February 28, 2024
Date last updated: September 20, 2024
Property Description
Abbey Park Residences (the "Property") is a Six-Storey Wood Frame Building Comprised of 158 Suites Located in Central Edmonton's Oliver community. Abbey Park Residences is currently under initial lease-up. The asset showcases spacious one- and two-bedroom suites with generous windows, and the convenience of in-suite laundry. Additionally, it boasts contemporary building amenities like underground parking, modern gym, on-site leasing office, and additional storage. Nestled in Oliver, in close proximity to Downtown Edmonton and its thriving job market, this area has emerged as an enticing location for apartment redevelopment, leading to the replacement of numerous original single-detached homes. As a result, Oliver has evolved into a densely populated neighborhood with an established commercial presence woven throughout.Abbey Park Residences offers an exceptional opportunity to acquire a modern and thoughtfully designed multi-family property that is strategically positioned to benefit from the forecasted above average rent growth in Alberta.