Royal Oaks Apartments
1126-1154 Adelaide Street North London

Royal Oaks Apartments - multi-family for sale

1.00 - 30.00 ac
Multifamily Sale/Purchase
Contact us for price

Description

SOLD: JLL Capital Markets, Multifamily Ontario is pleased to announce the sale of Royal Oaks Apartments. Sitting on a 22.1-acre site, Royal Oaks Apartments is comprised of nine apartment buildings, totaling 557 suites and 1 commercial unit. Located just 4 km from London’s downtown core and less than 2.5 km from Western University, Royal Oaks Apartments offers immediate scale and provides a gateway into multifamily ownership in London, one of Ontario’s most stable markets. The large 22.1 acre site with expansive green space offers tremendous development potential, all while being in close proximity to a range of amenities and transportation options.

Highlights  
- In a stable & growing market close to a range of amenities and transportation options
- Large suites and beneficial suite mix with an average size of 929SF
- Performing with rental upside
- Committed ownership and diligent professional management provides overall quality
- Massive suburban parkland site with potential for future development