10139 158th St NW
Edmonton, AB T5P 2X9
Woodridge Place · Multifamily Property For Sale
·
54 Units
INVESTMENT HIGHLIGHTS
- Walking distance to transit stop
- Easy access to downtown.
- Close to the NEW LRT line.
EXECUTIVE SUMMARY
This is a 3.5 story, wood-frame construction building. Exterior is mainly brick and siding. Roof replaced in 2017. Eavestroughs and downspouts replaced. Hot water heating system, MUA replaced in 2017. Hot water tank replaced in 2024. Suites renovated on turnover since 2021. Tenants pay for own power. Rent increased on turnover or lease renewal.
PROPERTY FACTS
| Price Per Unit | $145,000 CAD |
| Sale Type | Investment |
| Cap Rate | 5.37% |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 56,540 SF |
| No. Stories | 4 |
| Year Built | 1981 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | RA7 |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 22 | - | 638 |
| 2+1 | 32 | - | 883 |
