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Auctus Property Fund XI LP (The Terrace)

Auctus XI is a limited partnership formed to invest in the development, construction and operation of a new multi-family apartment development in the vibrant and highly amenitized Greens on Gardiner neighbourhood of southeast Regina.

 

The development has 126 units, 80 of which are townhome-style rental living. The main apartment building has 46 units across three floors, underground parking, a commercial-grade fitness center and a resident lounge, as well as an on-site leasing office. The townhomes consist of 40 one bedroom ground-level suites and 40 three bedroom suites that occupy the second and third floors. A differentiating feature of the three bedroom townhomes is the rooftop patios with expansive views of the prairie skyscapes and nearby Wascana Creek.

 

Auctus XI is immediately adjacent to Acre 21, a thriving and expanding retail hub. Anchored by a Save-On-Foods grocery store, Acre 21 offers residents of the Auctus XI development several dining options, access to service providers, and a variety of other conveniences. The Greens on Gardiner is one of Regina’s newest neighbourhoods, with over 40 acres of green space and an extensive pathway system.

 

Key Details:

 

  • Auctus XI is a 126-unit multi-family development with 80 townhome units and 46 suites in a three-story, residential-over-retail apartment building.
  • The townhomes offer both one and three bedroom floor plans, as well as rooftop patios with expansive prairie views.
  • The apartment building offers underground parking and houses the resident amenity space, which includes a commercial-grade fitness center and resident lounge.
  • The Greens on Gardiner neighbourhood is Regina’s fastest-growing community with a new elementary school and expanding retail/service options.
  • This fund is fully subscribed and no longer accepting subscriptions for investment.