s 2.5 story wood-frame construction apartment complex is located in the popular town of Wabamun. Wabamun is home to over 1,000 residents. Just 45 kilometres west of Edmonton, Wabamun is home to the popular Wabamun Lake (walking distance). Numerous summer + winter fishing spots and boat launches. The building consists of 17 units. Mix of 2 x bachelors / 15 x 1 bedrooms. All fully rented. Newer builder. Professionally managed. Gross income over $195,000 / annually. You won't find a cap rate of 7.26% anywhere else.