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Johnstone Grande 100 Jordan Pk 158 Unit Apartment Building $10,974,000 CAD ($69,456 CAD/Unit) 5.50% Cap Rate Red Deer, AB T4P 0B6

EXECUTIVE SUMMARY
The suite mix is 15 One One-Bedroom suites, 20 One-Bedroom suites and Den, and 20 Two-Bedroom suites. Each suite comes complete with luxury vinyl plank flooring, modern cabinetry in kitchens and bathroom and low -pile carpets in bedrooms and dens. Current Condo Fees of $114,417.84.
PROPERTY FACTS
| Price | $10,974,000 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $69,456 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.17 AC |
| Cap Rate | 5.50% | Building Size | 55,000 SF |
| No. Units | 158 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 0.6/1,000 SF |
| Price | $10,974,000 CAD |
| Price Per Unit | $69,456 CAD |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| No. Units | 158 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.17 AC |
| Building Size | 55,000 SF |
| No. Stories | 4 |
| Year Built | 2008 |
| Parking Ratio | 0.6/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 51 | - | - |
| 2+2 | 55 | - | - |
| 3+3 | 52 | - | - |
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Johnstone Grande | 100 Jordan Pk
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