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5030 49 ave 21 Unit Apartment Building $2,835,000 CAD ($135,000 CAD/Unit) 5.98% Cap Rate Vegreville, AB T9C 1P3

EXECUTIVE SUMMARY
This is a 3.5 story, wood-frame complex. Gable roof (2010), Hot water heating system, new heat exchangers. Newer hot water tank. Gable roof. 3 brm units are penthouse units on the 3rd floor with 1.5 bath. All units have been upgraded over the last 10 years. All exterior grading done in 2025. Professionally managed
PROPERTY FACTS Under Contract
| Price | $2,835,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $135,000 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.98% | Building Size | 21,465 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1986 |
| Price | $2,835,000 CAD |
| Price Per Unit | $135,000 CAD |
| Sale Type | Investment |
| Cap Rate | 5.98% |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 21,465 SF |
| No. Stories | 3 |
| Year Built | 1986 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Conference Rooms
- Smoke Detector
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Walk Score®
Very Walkable (80)
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5030 49 ave
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