Fasttrack Portfolio 3 Multifamily Properties in Edmonton, AB
INVESTMENT HIGHLIGHTS
- The Properties are excellent candidates for CMHC MLI Select financing, supported by recent appraisals, inspections, and environmental reports.
- Across the Portfolio, the majority of units have undergone partial or full renovations.
- The Properties are well-located in desirable, amenity-rich communities, providing direct access to employment centers, and public transportation.
- The Properties are located within a 10-minute drive of one another allowing for economies of scale and management efficiencies.
EXECUTIVE SUMMARY
The Fasttrack Portfolio (collectively, the“Portfolio,” the “Properties,” or individually, the“Property”) offers a rare opportunity to acquire three walk-up apartments totaling 39 residential units, primed for a prospective purchaser to apply directly for CMHC financing. Compared to similar walk-up properties, the Portfolio has been meticulously maintained under best-inclass management, ensuring well-maintained capital components, efficient operations, and extensively renovated exteriors and interiors.
The Properties may be acquired individually, in combination, or as a complete Portfolio. Additionally, the Portfolio is available free and clear of existing financing, enabling prospective buyers to capitalize on the favorable interest rate environment and secure attractive debt terms.
The Portfolio represents an opportunity to acquire centrally located, well-managed assets in a high-demand market, featuring stable tenancy and significant long-term growth potential.
The Properties may be acquired individually, in combination, or as a complete Portfolio. Additionally, the Portfolio is available free and clear of existing financing, enabling prospective buyers to capitalize on the favorable interest rate environment and secure attractive debt terms.
The Portfolio represents an opportunity to acquire centrally located, well-managed assets in a high-demand market, featuring stable tenancy and significant long-term growth potential.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 30,725 SF |
| Total Land Area | 0.90 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Castell Apartments
11203 132nd Ave NW, Edmonton, AB T5E 0Z7 |
Multifamily | 11,478 SF | 1978 | - |
|
Rundle Apartments
11320 34th St NW, Edmonton, AB T5W 1Y9 |
Multifamily | 9,887 SF | 1971 | - |
|
Roger Apartments
12444 82nd St NW, Edmonton, AB T5B 2X4 |
Multifamily | 9,360 SF | 1975 | - |
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