Catylist ID: #30572579
MULTI-RESIDENTIAL INVESTMENT SALE (33 & 26/45 Hargrave)
Multi-Family for Sale
|Catylist Listing ID:||30572579|
|Number of Units:||287 Units|
|Building Size (RSF):||322,207 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||37,040 SF|
|Sale Price:||See Agent|
|Property Use Type:||Investment|
|Building Name:||The Hargraves|
Overview / Comments
Colliers National Investment Services in Winnipeg is very pleased to announce the concurrent offering of a legacy downtown concrete multifamily high-rise asset, Hargrave Place at 33 Hargrave Street featuring 253 suites, and two fully renovated complimentary low-rise multifamily assets located at 26 and 45 Hargrave Street featuring a combined total of 34 suites. Institutionally owned and managed by Timbercreek, this 287 suite multifamily portfolio of Winnipeg assets is well located in an established and growing urban node and offers prospective purchasers a scaleable apartment portfolio expansion or market entry play, well established tenancy profiles, proven investment performance, and value add potential through building reinvestment strategies.
Signature urban locations strategically situated in the South Broadway area within a mature and community oriented downtown residential node.
Within walking distance to numerous highly desirable downtown amenities including BellMTS Place, The Forks, RBC Convention Centre, and True North Square.
Upside value potential is available through a new round of investment and property repositioning.
33 Hargrave Street offers 253 suites in a 23-storey concrete high-rise and each asset has been extensively renovated with 33 Hargrave Street and 26/45 Hargrave Street renovated in 2008 and 2011, respectively.
Winnipeg’s broader economy remains strong, diverse, and growing with the urban core transforming to a thriving “Live - Work - Play” neighbourhood.
Offered for sale on an unpriced basis with all offers to be submitted to Colliers International. Please contact Colliers at 204-943-1600 for more information.
Attachments & Media
|Zoning:||D- DOWNTOWN LIVING|
Donald WhiteColliers International - Don White
Clarise MareColliers International
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