5333 49 Av - Apartments FOR SALE


Vegreville, AB T9C 1P5
$1,325,000 CAD
780-991-9344

NO PHOTO

$1,325,000 CAD
Apartments - FOR SALE
null | 7% Cap Rate

5333 49 Av
Vegreville, AB T9C 1P5


HIGHLIGHTS

  • Adult only building with great mix of long-term tenants

OVERVIEW

The offering is an adult only building known as Arlington Place which consists of 15 units with individual parking allocated to each unit. The complex was constructed in 1978 with recent renovations/improvements to the roofing system (2021), interior(s) and exterior (2010 – recent) completed throughout. Being an adult only building makes this property ideal for retaining long term tenants and provides for a secure long term investment with minimal capital expenditures required.

FOR SALE DETAILS

PRICE

$1,325,000 CAD

PRICE/SF

$104 CAD /SF

# OF UNITS

15

PRICE/UNIT

$88,333

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arlington Place Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

PARKING SPACES

15

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Adrian AmbrozukCushman & Wakefield | EdmontonMore Info
780-991-9344

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Adrian AmbrozukCushman & Wakefield | EdmontonMore Info
780-991-9344

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