Property Details
| Address: | 8003 - 91 Street, Edmonton, AB |
|---|---|
| Status: | For Sale |
| Price: | $1,400,000 |
| Price Per Door: | $233,333 |
| No. of Units: | 6 |
| Cap Rate: | 3.64% |
This six-plex apartment building is located at 8003 - 91 Street in Edmonton, Alberta in the King Edward Park neighbourhood.
It is a two and a half storey low-rise, wood-frame construction building with balconies and an attached two-car garage. It was built in 1973. Parking is surface and gravelled.
The 6 suites are all two-bedroom suites. One of the two-bedroom suites has a two-car garage attached. This suite is larger than the others with a separate dining room, very large kitchen and in-suite laundry. One of the suites is currently used as a caretaker space and would require some upgrades to be rented as a rental suite.
About the neighbourhood
King Edward Park is a residential neighbourhood in Edmonton, Alberta. The neighbourhood is bounded by 82nd Avenue, 76th Avenue, and Mill Creek Ravine. Surrounding neighbourhoods include Avonmore, Bonnie Doon, Kenilworth, and Strathcona. One of Edmonton’s major roads, 75th Street, runs through the neighbourhood.
According to Edmonton’s 2016 Municipal Census, the population of King Edward Park is approximately 4,238 residents.
Whyte Avenue (82nd Avenue) and Old Strathcona are considered the entertainment and arts hub of Edmonton with an “old town” feel and rich array of boutiques, shops, restaurants and bars, as well as almost-weekly festivals and events in the summer.
Interested in this Property?
Contact the David G. Parker Team Today