villagecollierscalgary.net/investment/sunridgevillageapt.pdf · the city of calgary is currently...

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MULTI- RESIDENTIAL / REDEVELOPMENT POTENTIAL Village 3800 Rundlehorn Drive NE [email protected] ERIC HORVATH, CCIM 403 218 7257 [email protected] MATT GREGORY, CFA 403 218 4397

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Page 1: Villagecollierscalgary.net/INVESTMENT/SunridgeVillageApt.pdf · The City of Calgary is currently drafting the Rundle Station Master Plan to dramatically increase the density in the

M U L T I - R E S I D E N T I A L / R E D E V E L O P M E N T P O T E N T I A L

Village3800 Rundlehorn Drive NE

[email protected]• •ERIC HORVATH, CCIM 403 218 7257

[email protected] GREGORY, CFA 403 218 4397 ••

Page 2: Villagecollierscalgary.net/INVESTMENT/SunridgeVillageApt.pdf · The City of Calgary is currently drafting the Rundle Station Master Plan to dramatically increase the density in the

16TH AVENUE NE

36TH

STR

EET

NE

SUNRIDGEVILLAGE

REAL CANADIAN SUPERSTORE

LRT STATION

SUNRIDGE MALL

PETER LOUGHEED CENTRE

• Opportunity to acquire 197 townhouse style rental units in the robust community of Rundle

• Great unit mix with 109 two bedroom and 88 three bedroom suites

• Large unit sizes averaging 1,018 square feet

• 92% occupied with exceptional rental and occupancy history

• Prime location across from Sunridge Mall, Real Canadian Superstore and Peter Lougheed Hospital

• 100 metres to the Rundle Light Rail Transit (LRT) Station

Constructed in 1981, Sunridge Village consists of 197 two and three bedroom stacked townhouse units located in the desirable rental community of Rundle.

With its immediate proximity to Sunridge Mall (Calgary’s 4th largest shopping centre), Real Canadian Superstore, and the Peter Lougheed Hospital, Sunridge Village enjoys the strongest tenant demand within its submarket. The City of Calgary is currently drafting the Rundle Station Master Plan to dramatically increase the density in the immediate area.

At 9.2 acres in size, Sunridge Village is the second largest single-titled residential property within the Plan’s boundary and offers the single longest linear exposure along the east side of 36th Street NE.

property highlights

Asking Price:

$42.5M

Colliers International (“Colliers”), as advisor to 1081620 Alberta Ltd. (the “Vendor”), is pleased to present for sale a 100% freehold interest in Sunridge Village (the “Property”) located at 3800 Rundlehorn Drive NE in Calgary, Alberta.

With 197 townhouse units on 9.2 acres of land, Sunridge Village represents an exceptional investment opportunity within the City of Calgary. Positioned in a high traffic area, adjacent to Sunridge Mall and the Rundle LRT station, redevelopment possibilities are endless.

Investment opportunity

Page 3: Villagecollierscalgary.net/INVESTMENT/SunridgeVillageApt.pdf · The City of Calgary is currently drafting the Rundle Station Master Plan to dramatically increase the density in the

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2018. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. CMN Calgary Inc.

[email protected]• •ERIC HORVATH, CCIM 403 218 7257

[email protected] GREGORY, CFA 403 218 4397 ••

Village3800 Rundlehorn Drive NE