Property Details

Address: 10965 - 84 St & 11011 - 83 St, Edmonton, AB
Status: For Sale
Price: $5,160,000
Price Per Door: $120,000
No. of Units: 43
Cap Rate: 4.83%

Portfolio Numbers 

Portfolio List Price: $5,160,000
Price Per Door: $120,000
Portfolio Projected CAP Rate: 4.83%

 

Property #1: 10965 - 84 Street, Edmonton    

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Gillian Manor is a twenty-one suite apartment building located at 10965 - 84
Street in Edmonton, Alberta, in the neighbourhood of Cromdale.
It is a two and a half storey walk-up, wood-frame construction building with
balconies. It was built in 1967. Parking is surface and paved.
The suite mix is 12 one-bedroom suites and 9 two-bedroom suites.
The suites have been extensively renovated, and the building features a new
boiler and windows, which are major capital expenses.

Property #2: 11011 - 83 Street, Edmonton

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Maureen Manor is a twenty-two suite apartment building located at 11011 - 83
Street in Edmonton, Alberta, in the neighbourhood of Cromdale.
It is a two and a half storey walk-up, wood-frame construction building with
balconies. It was built in 1969. Parking is surface and paved.
The suite mix is 4 bachelor suites, 12 one-bedroom suites and 6 two-bedroom
suites.
The suites have been extensively renovated, and the building features windows,
which are major capital expense.

Interested in this Property?

Contact the David G. Parker Team Today