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Lea Alexander
- Sterling Real Estate
PO Box 355, Fallis, Alberta
PO Box 355, Fallis, Alberta
Listing Details
For more information on this listing or other please contact me.
Courtesy of Sutton Central Commercial Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
This unique complex sits on almost one acre of land. 35 suite apartment complex comprises if 14x1 bedroom units 121x2 bedrooms units. Large suite sizes. Upper units all have balconies main floor units have walkout patios. Torch on membrane roof replaced in 2014. Hot water heating system. Hot water tank replaced in 2017. New intercom system. All electrical breakers in units replaced in 2021. 31 of the 35 units have been upgraded in the last 5 years. All units have full size fridge and stove, some have dishwashers, all balconies surfaces have been upgraded, back of the building converted to extra parking lot leased for 10 years @ 1200/month. Excellent area new complex constructed just across the building. Close to Northgate mall and Yellowhead Highway 16. Owner managed. Gross annual income of over $387,780. cap rate 5%.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4282242
- Neighbourhood:
- Lauderdale
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $4,200,000
General Information
- Year Built:
- 1972
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This property is listed by Sutton Central Commercial Real Estate and provided here courtesy of
Lea Alexander .
For more information or to schedule a viewing please contact Lea Alexander .
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
