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3507 60 St NW 12 Unit Apartment Building $1,972,119 CAD ($164,343 CAD/Unit) 6.73% Cap Rate Edmonton, AB T6L 2H2
Investment Highlights
- Located near schools, shopping, and public transit options.
- Walking distance to Grey Nuns Hospital, Mill Woods Mall, and LRT access.
Executive Summary
Unique and Excellent Opportunity - Purchase a 60.00% interest in the Woodvale Apartment Complex. The offering includes 12 Units of 20 with a total unit factor of 6000. Offering Includes 10 Apartment Units with 2 Townhomes and Projected Cap Rate of 8+% Very convenient Milwoods Location and close to all amenities! Woodvale Apartments fall under the Hillview Neighbourhood Renewal Program. Properties Being Sold As Is Where Is
Property Facts
| Price | $1,972,119 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $164,343 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 6.73% | Building Size | 17,384 SF |
| No. Units | 12 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 0.58/1,000 SF |
| Zoning | RA7 - Medium Density Residential | ||
| Price | $1,972,119 CAD |
| Price Per Unit | $164,343 CAD |
| Sale Type | Investment |
| Cap Rate | 6.73% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 17,384 SF |
| No. Stories | 4 |
| Year Built | 1979 |
| Parking Ratio | 0.58/1,000 SF |
| Zoning | RA7 - Medium Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
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3507 60 St NW
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