Property Details

Address: 8207 - 123 Avenue, Edmonton, AB
Status: For Sale
Price: $3,600,000
Price Per Door: $120,000
No. of Units: 30
Cap Rate: 6.12%

Building Attributes: 

Park Manor is a thirty suite apartment building located in Edmonton, Alberta in the
neighborhood of Eastwood. It is a two and a half storey, walk-up, wood-frame
construction building with balconies. It was built in 1969. Parking is surface and paved.
The suite mix is 13 one-bedroom suites and 17 two-bedroom suites.


Eastwood is a residential neighborhood in Edmonton, Alberta. It is bounded by
Yellowhead Trail, 86th Street, 122nd Avenue, 82nd Street and 118th Avenue.
Surrounding neighborhoods include Delton, Alberta Avenue, Parkdale, and Elmwood
Park. It is in immediate proximity to Yellowhead Trail, Fort Road and Wayne Gretzky
Drive, three of Edmonton’s major roadways.
According to the 2012 municipal census, Eastwood has a population of
approximately 4,065 residents.
The LTR Coliseum station is located along the eastern boundary of the
neighborhood, as are Northlands Coliseum and the Edmonton EXPO Centre. There
is commercial development along the southern boarder of Eastwood, including
Safeway, Shoppers Drug Mart, CIBC, Scotiabank and ATB Financial.
Eastwood is within fifteen minutes of the Royal Alexandra Hospital, NAIT, Kingsway
Mall, Rogers Place, and Downtown.

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