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11907 104 St NW 12 Unit Apartment Building $1,740,000 CAD ($145,000 CAD/Unit) 5.30% Cap Rate Edmonton, AB T5G 2L3
Investment Highlights
- Easy access to downtown.
- Surrounded by residential and commercial buildings.
- Close to Yellowhead Highway.
- Within walking distance to commercial strip.
Executive Summary
This is a 2.5 story, wood-frame construction complex. Tar and gravel roof. Hot water heating system. Boiler replaced approx. 25 years ago. Hot water tank replaced approx. 10 years ago. All new windows and patio doors. All balconies replaced with new beams, and decks, finished with pressure treated railings. All units have been upgraded over the last 3 years., some newer one upgraded with vinyl plank flooring and carpet. Long term owners, self managed. Quiet, adult, no pets, no smoking building. Rents could be increased.
The building is located in the Prime Northside neighborhood of Westwood. Close to NAIT. Easy access to downtown. Close to Yellowhead Highway. Nice, quiet location surrounded by residential and commercial buildings. Walking distance to commercial strip.
The building is located in the Prime Northside neighborhood of Westwood. Close to NAIT. Easy access to downtown. Close to Yellowhead Highway. Nice, quiet location surrounded by residential and commercial buildings. Walking distance to commercial strip.
Property Facts
| Price | $1,740,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $145,000 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5.30% | Building Size | 7,124 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Zoning | RA7 | ||
| Price | $1,740,000 CAD |
| Price Per Unit | $145,000 CAD |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 7,124 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | RA7 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 9 | - | - |
| 2+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (72)
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11907 104 St NW
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