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Brass III Multifamily Site

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Address: 10521 78 Ave NW, Edmonton, AB T6E 1P3, Canada

Canada + Apartment Buildings

Created date: November 14, 2024

Date last updated: November 14, 2024

Queen Alexandra and surrounding communities will see a population growth of up to 10% in the next 2 years, driven by student growth at the University of Alberta
This area of Edmonton has a strong history of multifamily housing with low vacancy rates of around 1.2%
Site is within a 2-minute walk to Whyte Avenue, providing over 370 storefronts and 1.2 million SF of commercial space

Property Description

Queen Alexandra is a central Edmonton community that is in close proximity to multiple schools, popular entertainment and shopping on Whyte Avenue and the busy University of Alberta campus. The University of Alberta currently has over 40,000 students and is projecting growth of 35% in the next ten years. Queen Alexandra has many older rental options which have very low historical vacancy. New rental options have been constructed in recent years, with great success in leasing velocity and strong rental rates.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,500,000
Lot Size:	21.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here