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Lea Alexander - Sterling Real Estate
PO Box 355, Fallis, Alberta
P: 780-910-2940
F: 587-851-5666
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Listing Details

For more information on this listing or other please contact me.

Courtesy of Nai Commercial Real Estate Inc.
Data was last updated 2025-06-25 at 20:18:11 GMT
$2,016,000

12035 82 Street   Edmonton, Alberta

MLS®: E4372021
URL:    
NAI Commercial Real Estate, have been retained by the Court of King?s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the ?Property?). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites.   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 and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022).
NAI Commercial Real Estate, have been retained by the Court of King?s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the ?Property?). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites. 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 and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022).

Listing Information

Prop. Type:
Other
Status:
Active
City:
Edmonton
MLS® Number:
E4372021
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
Alberta
Listing Price:
$2,016,000

General Information

Year Built:
1968

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This property is listed by Nai Commercial Real Estate Inc and provided here courtesy of Lea Alexander . For more information or to schedule a viewing please contact Lea Alexander .
Lea Alexander
Sterling Real Estate
Phone: 780-910-2940
Mobile Phone: 780-910-2940
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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