[Guelph, ON – September 5, 2018]
On September 5, the Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of Carrington Ridge, a four-building luxury apartment property at 3605, 3615, 3625 & 3635 Carrington Road in the city of West Kelowna, BC.
Carrington Ridge is the Skyline Apartment REIT’s first purchase in West Kelowna. The property comprises 240 luxury suites and had a total purchase price of $55.4M.
Situated on a ridge with stunning views of Lake Okanagan as well as surrounding mountains, Carrington Ridge’s features and amenities include on-site EV charging stations, a rooftop solar panel array, a community garden, an outdoor patio, and a fitness centre.
For more information about rental suites at Carrington Ridge, please visit carringtonridge.ca.
Introduced in 2006, the Skyline Apartment REIT is fully managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisition, management, and investment firm.