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Institutional Property Advisors, a division of Marcus & Millichap, is pleased to announce the sale of

ERIN RIDGE GATE

45 & 65 Element Drive, St. Albert, Alberta



142 Residential Units Located in St. Albert

TRANSACTION SUMMARY

Sale Date

December 2024

Sale Price

$33,370,000

Residential Suites

142 Units

Price Per Door

$235,000

FOR MORE INFORMATION, PLEASE CONTACT:

BRADYN ARTH

Senior Vice President

D: (587) 756-1555

barth@ipammi.ca

BRADLEY GINGERICH

Senior Managing Director

D: (587) 756-1575

bgingerich@ipammi.ca

PAUL CHAPUT

Senior Vice President

D: (587) 756-1545

pchaput@ipammi.ca

JANE PASCAL

Vice President

D: (587) 756-1565

jpascal@ipammi.ca

NICHOLAS CRYANS

Associate

D: (587) 756-1600

ncryans@ipammi.ca

JESSICA KNOX

Executive Assistant

D: (587) 756-1600

jknox@ipammi.ca

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Seller retains all rights and discretion to determine the offer and acceptance process including but not limited to the right to accept or reject any offer in its sole and absolute discretion. Seller shall only be bound by duly executed and enforceable agreements entered into, if any. ALL MATTERS PRIVILEGED AND CONFIDENTIAL.


NON-ENDORSEMENT NOTICE

Institutional Property Advisors, a Division of Marcus & Millichap (“IPA”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of IPA or Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of IPA or Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.


Institutional Property Advisors (IPA) and Marcus & Millichap are service marks of Marcus & Millichap Real Estate Investment Services, Inc. © 2024 Marcus & Millichap. All Rights Reserved.


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