Property Details
Address: | 3210 Cornwall Drive, Athabasca, AB |
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Status: | For Sale |
Price: | $9,360,000 |
Price Per Door: | $120,000 |
No. of Units: | 78 |
Cap Rate: | 7.70% |
Cornwall Place is a seventy-eight suite apartment complex located at 3210 Cornwall Drive in Athabasca, Alberta.
There is a forty suite apartment building, and thirty-eight townhome style suites. The apartment building is a three and a half storey walk-up, wood-frame construction building. The townhomes are two-storey, wood-frame construction buildings. They were built in 1985. Parking is surface and paved.
The total suite mix in the apartment building is 11 one-bedroom suites and 29 two-bedroom suites. The townhome suites are all three-bedroom suites.
One two-bedroom suite in the apartment building is being used as an office, but can be converted back to a 2 bedroom suite.
Eleven of the suites have been renovated, with the exception of the kitchen cabinets.
The townhome suites have unfinished basements and in-suite laundry.
All power is paid for individually by the tenants.
The roofs on the buildings were replaced 18 years ago.
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