Slate Residences 811-823 Daniels Way SW 104 Unit Block of Flats For Sale Edmonton, AB T6W 4T5
INVESTMENT HIGHLIGHTS
- Suite mix is well balanced but has been catered to families with 76% being two-bedroom units
- The property has a strong operating history and enjoys minimal competition from new build luxury rentals in the area
- Immediate rental upside available upon turnover. Current rents per SF sit $0.62 below the average rates in southwest Edmonton
- Located in the fast developing and family focused community of Desrochers
EXECUTIVE SUMMARY
The 5-storey mixed-used building is built with spacious, modern suites designed for tenants wanting more living space. The ownership group consists of three prominent home builders who have spared no expense when it comes exterior facade and suite interiors.
PROPERTY FACTS
| Sale Type | Investment |
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.25 AC |
| Building Size | 122,094 SF |
| Number of Floors | 5 |
| Year Built | 2022 |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Stainless Steel Appliances
- Cooker
- Bath/Shower
SITE AMENITIES
- 24 Hour Access
- On-Site Retail
- Lift
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 34 | - | 660 - 865 |
| 2+2 | 70 | - | 907 - 990 |
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ZONING
| Zoning Code | DC (Direct Development Control Provision) |
CONTACTS
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Jandip Deol -
Amit Grover -
Tracy Olmos -
Brandon Imada -
Brannon Guenette -
Avison Young
