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10106 111 Av NW
Edmonton, AB T5G 0B4
Royal Alex Place · Multifamily Property For Sale · 78 Units

INVESTMENT HIGHLIGHTS

  • Access to a spacious fitness room, a large study room, a tenant lounge, laundry facilities, and underground parking
  • Property includes 36 brand new modern lofts in the podium as well as 42 spacious suites in the tower
  • Currently, 94% of the suites in Royal Alex Place have been renovated
  • Attractive below market, CMHC insured debt to be assumed by the purchaser
  • Thoughtfully renovated including the redevelopment of the commercial space on the 2nd and 3rd floors to residential suites
  • Approximately 18,030 SF of excess land at the northern portion of the site

PROPERTY FACTS

No. Units 78
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.69 AC
Building Size 162,414 SF
Average Occupancy 100%
No. Stories 10
Year Built 1969
Parking Ratio 5.7/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Free
  • Elevator
  • Smoke Detector
  • Listing ID: 29785045

  • Date on Market: 2023-10-13

  • Last Updated:

  • Address: 10106 111 Av NW, Edmonton, AB T5G 0B4

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