Montrose Apartments_Propiedad en venta
Montrose Apartments_Propiedad en venta
11808 58 Street Northwest, Edmonton, AB, T5W 3W7, CA

Montrose Apartments

Descripción del activo

JLL Alberta Multifamily have been retained by the Vendor on an exclusive basis to arrange for the sale of Montrose Apartments, located 11808 – 58 Street NW in Edmonton, Alberta (the “Property”). Montrose Apartments consists of a 2.5-storey wood-frame construction building with six suites and balconies. The Property is comprised of four one-bedroom suites and two two-bedroom suites.


The Property is being offered with an Asking Price of $690,000 ($115,000/suite). The Opportunity can be acquired free and clear of any existing financing. Expressions of interest will be dealt with as received.

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Atributos

Pisos
2 pisos
Unidades
6
Año de construcción
1970
Área de terreno bruta
722 m²
Zonificación
RM h 16 - Medium Scale Residential
Precio de venta
462.000 €

Medios

Aspectos destacados de la inversión

  • Value-Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. 


  • Historically Low Vacancy & Turnover: The Property has a history of low vacancy rates, with many of the tenants having been at the Property for over ten years. 


  • Immediate Access to Core Amenities and Arterial Roadways: The Property is located in the Montrose neighbourhood and benefits from the amenities along 118 Avenue, including A&W, FreshCo, Medicine Shoppe Pharmacy, Shoppers Drug Mart, and Dairy Queen. Schools in the area range from elementary schools to post-secondary institutions, including Montrose School, Highlands Junior High, Eastglen High School and Concordia University. There are also several parks and playgrounds nearby, including Montrose Park, Highlands Park, John J. Olinyk Park, Gabby Haas Park, and Floden Park. 


Montrose Apartments 4_Propiedad en venta
Montrose Apartments 4_Propiedad en venta

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Montrose Apartments (0 Propiedades)
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Última actualización
2 juil. 2024