Centurion Apartment REIT announces the pending sale of 3 buildings in Tillsonburg

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has entered into a firm agreement to sell it’s three Lisgar Court apartment buildings located in Tillsonburg Ontario.

The Lisgar Court Apartments are located at 185, 187 and 191 Lisgar Avenue, near the intersection of Lisgar and Broadway Street, a few minutes' drive from the downtown core of Tillsonburg.

The sale price is $3,650,000 and the expected closing date is on or about November 28, 2014.

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Update: The transaction closed successfully on December 4, 2014.