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Courtesy of Jaime Lopresti and Terry Paranych of RE/MAX Excellence
14101/14105 118 Avenue NW
Zone 07
Edmonton
T5L 2M3
$1,199,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4379333
- Build. Type:
- Low Rise (2-4 stories)
- Photos (28)
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Welcome to Sunrise Apts. A very well maintained and managed building located in the NW neighborhood of Woodcroft with proximity to all public transportation, retail stores, shops, and schools. Two 4PLEXES in one Lot! Easy access to Yellowhead Trail and 118th ave providing quick vehicle access throughout the city. This building has great curb appeal and pride of ownership can be seen throughout the grounds. Very Large Lot with great visibility. Easy to manage with 100% occupancy providing steady cash flows. Unit mix is six large 2 bed X 1 Bath apartments and 2 large one bedroom X 1 Bath units. 10 outdoor parking stalls. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio. Nearby neighborhoods include trendy restaurants and cafe spots.
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories)
- # Bldgs:
- 2
- # Units:
- 8
- Tot Pkg Spaces:
- 10
- # Storeys:
- 2.0
- Year built:
- 1972 (Age: 52)
- Total Floor Area:
- 1,375 sq. ft.127.74 m2
- Lot Area:
- 0 sq. ft.0 m2
- Plan:
- 5144KS
- Title to Land:
- Freehold
- LINC Number:
- 0016978074
- Num. of Parcels:
- 1
- Cap Rate %:
- 4.3
- Gross Operating Income:
- $96,060
- Other Income:
- $2,000
- Effective Gross Income:
- $98,060
- Net Operating Income:
- $52,234
- Total Oper. Expenses:
- $45,826
- Tot Expenses:
- $45,826
- Days On Website:
- 36 day(s)36 day(s)
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Data was last updated May 2, 2024 at 10:30 PM (UTC)
- DON CHOLAK
- RE/MAX PROFESSIONALS
- 1 (780) 718-8400
- don@doncholak.com
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