Property Details

Address: 11421, 11425 - 124 Street, Edmonton, AB
Status: For Sale
Price: $1,435,000
Price Per Door: $159,444
No. of Units: 9
Cap Rate: 4.18%

Portfolio Overview

Portfolio List Price: $1,435,000

Portfolio CAP Rate: 4.18%

*Buildings can be sold together or separately

Property #1 - Acorn Apartments

11421 - 124 Street, Edmonton, Alberta

Asking Price: $920,000  |  Price Per Door: $115,000

Acorn Apartments is an eight suite apartment building located at 11421 - 124 Street, Edmonton, Alberta in the Inglewood neighbourhood. It is a one and a half storey low-rise, wood-frame construction building. It was built in 1960. Parking is surface and gravel. All 8 suites are one-bedroom suites.

 

Property #2

11425 - 124 Street, Edmonton, Alberta

Asking Price: $515,000

This two bedroom detached single family bungalow is located at 11425 - 124 Street, Edmonton, Alberta in the Inglewood neighbourhood. It is a single storey, wood-frame construction house with a partially finished basement. It was built in 1947. The main floor consists of a foyer, living room, kitchen, 4 piece bathroom, master bedroom and a second bedroom. The basement is partially finished with a large utility/laundry room, a sizeable den and a large rec room. The backyard is fully fenced and partially landscaped. For parking there is both a back lane and a detached single car garage. The house is heated through a forced air, natural gas furnace.

About the Inglewood neighbourhood

Inglewood is a residential neighbourhood in Edmonton, Alberta. It is bounded by 118th Avenue, 111th Avenue, Groat Road and the CNR Right-Of-Way. Surrounding neighbourhoods include Westmount, Sherbrooke, Dovercourt and Woodcroft. According to Edmonton’s 2016 Municipal Census, the population of Inglewood is approximately 5,922 residents. There is an elementary public school, a junior high public school and a Catholic school in Inglewood. Yellowhead Trail, Kingsway Mall and NAIT are in close proximity. Downtown Edmonton is approximately a fifteen-minute drive.

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