Salisbury Village Apartments

112/114 Tisbury Street And 200/202 Salisbury Way
Sherwood Park Alberta

Salisbury Village Apartments View1

Property Type

Multifamily
Property Size
5.93 Acres
Available Space
5.93 Acres
Opportunity Type
Sale
Price
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Salisbury Village Apartments is Sherwood Park’s newest rental community. Situated just off Wye Road in Sherwood Park the sites benefit from easy access to shopping and services, as well as close proximity to major arterial roads, making for short commutes through Sherwood Park or into the City of Edmonton. The new mixed-use community of Salisbury Village is being developed to include amenities such as walking trails, large wetlands, green spaces, playgrounds and commercial services.

Multifamily AB | JLL Canada (“JLL”) has been retained by the Vendor on an exclusive basis to arrange for the sale of Waybury Park and Tisbury Crossing, collectively known as Salisbury Village Apartments.

The four wood frame buildings on two sites offer a total of 296 luxury rental residential units. The offering presents a rare opportunity for a Prospective Purchaser to acquire a newly built community in Sherwood Park.



Features

Municipal Address:   112/114 Tisbury Street (Waybury Park) &
 200/202 Salisbury Way (Tisbury Crossing)
Legal:  Plan 1522100, Block 3, Lot 20 (Waybury Park) &
 Plan 1525196, Block 8, Lot 38 (Tisbury Crossing)
Zoning:  Sustainable Urban Village - UV4
 High Density Residential
Neighbourhood:  Salisbury Village
Type of Buildings:  Two 4-storey Apartment Buildings per site.
 Each building features an elevator
Construction:  Wood-frame construction with stucco exterior
Occupancy:  Waybury Park - August 2016
Tisbury Crossing - May 2017 (Anticipated)
Number of Units:  124 Units (Waybury Park) &
 172 Units (Tisbury Crossing)
 Total = 296 Units
Suite Mix:  30% One Bedroom units, 70% Two Bedroom units
 *Individually metered
Parking:   183 Underground Stalls, 30 Surface Stalls (Waybury Park) &
 240 Underground Stalls (Tisbury Crossing)
Roof:  Pitched Asphalt Shingle (25 year warranty)


Contact a Broker
Paul Gemmel_Commercial Real Estate Broker
Paul Gemmel

+1 780 328 2559

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Samuel Dean_Commercial Real Estate Broker
Samuel Dean

+1 780 328 2560

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