Property Details
| Address: | 11836 - 89 Street, Edmonton, AB |
|---|---|
| Status: | For Sale |
| Price: | $2,160,000 |
| Price Per Door: | $120,000 |
| No. of Units: | 18 |
| Cap Rate: | 5.35% |
Madison Place is an eighteen suite apartment building located at 11836 - 89 Street in Edmonton, Alberta, in the neighbourhood of Alberta Avenue.
It is a two and a half storey walk-up, wood-frame construction building with balconies. It was built in 1968. Parking is surface, paved and energized.
The suite mix is 1 studio suite and 17 one-bedroom suites. The suites range in size from 700 to 900 sq. ft.
There are three janitorial rooms, an electrical room, and a boiler room. The laundry room appliances are leased from and and maintained by CoinaMatic.
VTB Available: $100,000. Interest Rate 10%, 2 Year Term
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