11045 129th St NW - Apartments FOR SALE


Edmonton, AB T5M 0Y4
$1,999,888 CAD
780-406-0099
11045 129th St NW, Edmonton, AB for Sale
$1,999,888 CAD
Apartments - FOR SALE
1/13
null | 5.34% Cap Rate

11045 129th St NW
Edmonton, AB T5M 0Y4


HIGHLIGHTS

  • - Known to be one of Edmonton's Greater Character / Eclectic Neighborhoods just west of Downtown Edmonton.
  • Intercom System, Security Cameras
  • Improvements & NEW: Windows, Doors, Roof, Fire Alarms

OVERVIEW

This TWELVE (12) Unit Apartment Building is ONE OF FEW UNITS IN PRESTINE CONDITION! here in Edmonton. One - 3 Bedroom: Five- 2 Bedrooms: Six- 1 Bedrooms. Grossing $156,800/Year with a 5.34% Cap Rate *** $351,800 Spent on Improvements since 2017!!! *** Including Improvements & NEW: Windows, Doors, Roof, Fire Alarms (The Entire System with City Permits/License), Intercom System, Security Cameras, Tank-Less HWT & Boiler System, Plumbing, Kitchen Suites, Flooring, Paint, Concrete... In other-words the word EXTENSIVE comes to mind. Every tenant have been hand-picked with Great Diligence & ALL Prefer to Stay! The Market Value Rents are Current & In-Line to keep the Tenants HAPPY! *** THIS is a TURN-KEY Building which would be PERFECT For the First Time Multi-Family Investor. Worth mentioning is the prestige of it being located in WESTMOUNT - Known to be one of Edmonton's Greater Character / Eclectic Neighborhoods just west of Downtown Edmonton.

FOR SALE DETAILS

PRICE

$1,999,888 CAD

PRICE/SF

$185 CAD /SF

# OF UNITS

12

PRICE/UNIT

$166,657

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spruce View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

DC2 (28)

APN/PARCEL ID

2808434

ASK ABOUT THIS PROPERTY

Dustin BatuikSterling Real EstateMore Info
780-406-0099

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Dustin BatuikSterling Real EstateMore Info
780-406-0099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.