Property Details

Address: 6212 - 12 Avenue, Edmonton, AB
Status: For Sale
Price: $1,150,000
Price Per Door: $143,750
No. of Units: 7
Cap Rate: 5.29%

Building & Site Info 

Menza Apartments is a seven suite apartment building with one non-conforming
bachelor suite.
It is located at 6212 - 12 Avenue in Edmonton, Alberta, in the neighbourhood of
Sakaw. It is a two and a half storey walk-up, wood-frame construction building
with balconies. It was built in 1978. Parking is surface and paved.
The suite mix is 1 non-conforming Bachelor suite and 7 One-Bedroom suites.
The One-Bedroom suites have a kitchen, L-shaped dining room, living room,
bedroom and 4-piece bathroom. The suites contain a 4 burner electric stove and
fridge. The Bachelor suite has one room and bathroom.
The building has had extensive renovations and upgrades including a new boiler,
newer hot water tank, roof, vinyl siding, windows, plumbing, electrical, paint,
carpet and flooring.

 

Neighbourhood

Sakaw is a residential neighborhood in Edmonton, Alberta in the area of
Mill Woods. It is bounded by Mill Woods Road, 50th Street and 66th Street.
Surrounding neighborhoods include Menisa, Ekota, Meyokumin, Pollard
Meadows and Crawford Plains.

According to Edmonton’s 2016 Municipal Census, the population of Sakaw is
approximately 3,984 residents and the population of the Mill Woods area is
approximately 78,322 residents.
Mill Woods is situated in the south-east corner of the city and is bounded by
three of the Edmonton’s major roadways: Whitemud Drive, Anthony Henday
Drive and Queen Elizabeth II Highway (Highway 2).
The Grey Nuns Community Hospital is located just south of Hillview. Southgate
Centre is approximately a ten-minute drive from the neighborhood, as well
as South Edmonton Common, an open-air mall with anchor tenants including
IKEA, Sport Check, Walmart, Lowes, Home Depot, Canadian Tire and over
150 stores and services.

Interested in this Property?

Contact the David G. Parker Team Today