M.I.P. Calgary Multifamily Portfolio
1825 Woodview Drive Calgary , Alberta T2W5G2

M.I.P. Calgary Multifamily Portfolio - multi-family for sale

28.00 ac
Multifamily Sale/Purchase
Contact us for price

Description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL”) has been exclusively retained to offer for sale a 100% freehold interest in M.I.P. Calgary Multifamily Portfolio (the “Portfolio”, the “Properties” or individually, the “Property”). The Portfolio is comprised of three institutionally owned and managed properties, totaling 764 residential rental suites in Calgary, Alberta.

The Portfolio consists of three Properties located in desirable locations in mature and established Calgary neighbourhoods. The M.I.P. Calgary Multifamily Portfolio provides an extremely rare opportunity to acquire institutionally owned and managed, well-maintained, multifamily of scale.

The Portfolio is being offered for sale on an “as-is” basis with no asking price. The Properties are being offered as a Portfolio, but can be acquired on an individual basis. The Vendor has in-place financing that may be assumed by a potential Purchaser. Alternatively, the Portfolio may be acquired free and clear of existing financing, which allows prospective purchasers to source new debt in an attractive interest rate environment.

Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detail information pertaining to the Portfolio. Additionally, interested parties will be invited to submit a Letter of Intent for the Portfolio, on a specific date that will be communicated by JLL at least fourteen (14) days in advance.

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