Property Details

Address: 11514 124 Street, Edmonton, AB
Status: For Sale
Price: $920,000
Price Per Door: $115,000
No. of Units: 8
Cap Rate: 6.74%

Amenities 

11514 – 124 Street is an eight suite apartment building located in Edmonton, Alberta in the neighborhood of Inglewood. It is a one and a half storey, walk-up, wood-frame construction building with balconies. It was built in 1960. Parking is surface and gravel.

The suite mix is eight one-bedroom suites. Suite seven has recently been renovated and suite eight is in the process of being renovated.

The roof was replaced in 2017. The furnace was replaced in 2007. There are two hot water tanks that were replaced four years ago. All of the kitchens and bathrooms have been upgraded.

Locations

Inglewood is a residential neighborhood in Edmonton, Alberta. It is bounded by 118th Avenue, 111th Avenue, Groat Road and the CNR Right-Of-Way. Surrounding neighborhoods include Westmount, Sherbrooke, Dovercourt and Woodcroft.

According to Edmonton’s 2016 Municipal Census, the population of Inglewood is approximately 5,922 residents.

There are 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.

Interested in this Property?

Contact the David G. Parker Team Today