11507 124 St - Apartments FOR SALE


Edmonton, AB T5M 0K5- Central
$3,335,000 CAD
587-855-5838
11507 124 St, Edmonton, AB for Sale
$3,335,000 CAD
Apartments - FOR SALE
1/1
null | 4.79% Cap Rate

11507 124 St
Edmonton, AB T5M 0K5
Central


HIGHLIGHTS

  • Walking distance to transit
  • Easy access to downtown

OVERVIEW

This is a 2.5 story, wood-frame construction complex. Hot water heating system (replaced approx. 10 years ago) Roof was replaced approx. 10 years ago. Common area upgraded approx. 5 years ago with windows, flooring, light fixtures and paint. Most of the units have been upgraded. 15 have new cabinets. other units have been partially renovated, Brand new bachelor unit. Professionally managed. Some rents can be increased. 23 legal units.

FOR SALE DETAILS

PRICE

$3,335,000 CAD

PRICE/SF

$208 CAD /SF

# OF UNITS

23

PRICE/UNIT

$145,000

CAP RATE

4.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,345 SF

ZONING

RA8

APN/PARCEL ID

2770071

ASK ABOUT THIS PROPERTY

Pam GillSutton Central Commercial Real EstateMore Info
587-855-5838

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Pam GillSutton Central Commercial Real EstateMore Info
587-855-5838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.