7914-7916 110 St NW - Apartments FOR SALE


Edmonton, AB T6G 1G4- South Central
$1,450,000 CAD
587-401-2427
7914-7916 110 St NW, Edmonton, AB for Sale
$1,450,000 CAD
Apartments - FOR SALE
1/75
null | 4% Cap Rate

7914-7916 110 St NW
Edmonton, AB T6G 1G4
South Central


HIGHLIGHTS

  • 5-Minute Walk to University of Alberta
  • 12 Bedrooms plus 12 Full Baths and 2 Half Baths
  • 50' x 182' Rectangular Lot opens up future development options

OVERVIEW

** NEW PRICE ** ATTENTION PRUDENT UNIVERSITY-AREA INVESTORS: TURNKEY AND GOOD CONDITION LEGAL FOUR-PLEX NOW AVAILABLE IN GARNEAU, PREDOMINANTLY OCCUPIED BY UNIVERSITY OF ALBERTA FACULTY OF MEDICINE STUDENTS AND GRADUATE HEALTH PROFESSIONALS! Mammoth 5000 sq. ft. superstructure features a grand total of 4 kitchens; 4 living / dining spaces; 4 laundries; 12 spacious studio / (plus) bedroom spaces; 12 full en suite baths; 2 half baths; 2 covered porch decks; nice fenced backyard; & quadruple detached garage with large rear parking lot (a real bonus premium for any property located within 5 minutes to the University). Substantial 50' x 182' (838.0 sq. m.) rectangular lot, spanning two titles, opens up a myriad of long-term future development & expansion options. Convenient access to 109 Street; Whyte Avenue; McKernan; University of Alberta; Saskatchewan Drive; Hawryluk Park; Royal Mayfair Golf Club; & Downtown. A premium investment opportunity to load up your Landlord capacity for upcoming Fall & Winter semesters!

FOR SALE DETAILS

PRICE

$1,450,000 CAD

PRICE/SF

$290 CAD /SF

# OF UNITS

4

PRICE/UNIT

$362,500

CAP RATE

4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garneau Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,020 SF

ZONING

RS

APN/PARCEL ID

E4443859

ASK ABOUT THIS PROPERTY

Kelly GrantMaxWell POLARIS - Kelly GrantMore Info
587-401-2427

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Kelly GrantMaxWell POLARIS - Kelly GrantMore Info
587-401-2427

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