Property Details

Address: 11708 - 81 Street, Edmonton, AB
Status: For Sale
Price: $2,150,000
Price Per Door: $107,500
No. of Units: 20
Cap Rate: 5.78%

Building & Site Info

Artlen Apartments is a twenty suite apartment building located at 11708 - 81
Street in Edmonton, Alberta, in the neighbourhood of Cromdale.
It is a three storey walk-up, wood-frame construction building with balconies. It
was built in 1979. Parking is surface and paved.
The suite mix is 2 Bachelor suites and 18 One-Bedroom suites.

Neighbourhood

Cromdale is a small, mature residential neighborhood in Edmonton, Alberta.
It is bounded by parts of Jasper Avenue, 84th Street, 112th Avenue, 113th
Avenue and 114th Avenue.
Surrounding neighborhoods include Boyle Street, McCauley, Parkdale.
It is adjacent to the Edmonton River Valley along Kinnaird Park.
According to Edmonton’s 2016 Municipal Census, the population of Cromdale
is approximately 2,059 residents.
Save-On-Foods is located at the north end of the neighborhood.
Commonwealth Stadium, Edmonton EXPO Centre, Wayne Gretzky Drive and
the Edmonton River Valley are in all in proximity to Cromdale.

Interested in this Property?

Contact the David G. Parker Team Today