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Apartment Property Sold

Lougheed Village Apartment Portfolio

The Offering

CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Garden Manor Apartments”. Garden Manor is a substantially renovated 3-storey plus underground parkade, 16-suite rental apartment building prominently located in the highly sought-after Grandview-Woodland Neighborhood. The Offering provides prospective investors the opportunity to increase cash flow and yield by renovating the remaining 5 un-renovated suites on turnover and increasing rents to match the rents currently being achieved within the building. Additionally, due to the property's inclusion in the recently approved Grandview-Woodland Community Plan there is significant future redevelopment opportunity.

Contact

LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com

GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com

Walk Score

Walk Score

88

Transit Score

88

Bike Score

88