Catylist ID: #30447014
Downtown Winnipeg Multi-Residential Merchant Development
Multi-Family for Sale
|Catylist Listing ID:||30447014|
|Building Status:||Under Construction|
|Number of Units:||65 Units|
|Building Size (RSF):||44,500 SF|
|Gross Land Area:||12,066 SF|
|Unit Price:||$225,384.62 Per Unit|
|Property Use Type:||Investment|
|Building Name:||The Hargrave|
Overview / Comments
Colliers National Investment Services in Winnipeg is pleased to announce a
new merchant development offering with our release of “The Hargrave” being
a 65 unit purpose-built apartment building located at 50 Hargrave Street.
Construction of the property is well underway and is projected to be complete
in the summer of 2020 featuring an attractive mix of modern one and twobedroom
suites over six storeys with covered parking located on the main level
designed to offer functional rental units in an amenity rich urban infill location.
The new property is being developed by The Sunrex Group of Companies and
is prominently situated near Broadway and Assiniboine Avenue and is within
walking distance to all of the amenities that Downtown Winnipeg and The
Forks have to offer.
• Opportunity to acquire a premium turn key Downtown apartment development located in a trendy and densely populated central Winnipeg neighbourhood on a merchant development forward commit basis.
• High quality concrete and steel construction designed with modern interiors and exciting exterior curb appeal with energy efficiency being a major design consideration.
• Attractive suite mix with a favourable distribution of modern one-bedroom (85% of total) and two-bedroom suites (15% of total) ranging in size from approximately 440 to 690 square feet.
• 20 covered parking stalls located on the main level as well as abundant street level parking is available.
• Laddered closing price contingent on actual occupancy and revenue targets achieved by the end of 2020 being approximately six (6) months from substantial completion of the building and site.
Please contact Colliers for more information at 204-943-1600 or visit http://www.collierscanada.com/en/27886#.
Attachments & Media
|Zoning:||D - DOWNTOWN LIVING|
Donald WhiteColliers International - Don White
Clarise MareColliers International
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