5024 50 Av - Apartments FOR SALE


Redwater, AB T0A 2W0
$710,000 CAD
825-600-5402
5024 50 Av, Redwater, AB for Sale
$710,000 CAD
Apartments - FOR SALE
1/1
null | 7.31% Cap Rate

5024 50 Av
Redwater, AB T0A 2W0


HIGHLIGHTS

  • 55 minutes north/east of Edmonton
  • Hot water heating system.
  • Hot water tank replaced in 2004

OVERVIEW

The unique 6 plex is located in downtown Redwater. Built in 1998, wood-frame construction complex with poured concrete. Hot water heating system. Hot water tank replaced in 2004. Each unit has a separate entrance. Each unit has been renovated with plank flooring, stainless steel full size appliances. Each unit has separate power meters. Current owners have spent approx. 140,000 in renovated in 2021.

FOR SALE DETAILS

PRICE

$710,000 CAD

PRICE/SF

$355 CAD /SF

# OF UNITS

6

PRICE/UNIT

$118,333

CAP RATE

7.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,050 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Pam GillSutton Central Commercial Real EstateMore Info
825-600-5402

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Pam GillSutton Central Commercial Real EstateMore Info
825-600-5402

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