11837 106th St NW 9 Unit Apartment Building $1,242,000 CAD ($138,000 CAD/Unit) 4.92% Cap Rate Edmonton, AB T5G 2R2
EXECUTIVE SUMMARY
This is a 2.5 story, wood-frame construction complex. Exterior upgraded with vinyl siding. repaired stucco. Torch on membrane roof (replaced in 2007). Hot water heating system (upgraded hot water tank and common area furnace) all fire upgrades upgraded. All suites upgraded. New laminate flooring, paint, light fixtures, appliances and bathrooms. Clean quiet building. Easy to manage. Some of the units have 2 balconies (newer).2021, all decks/ railings and lights replaced. Some unit can be given a rental increase to take affect Jun 1/ 2025
PROPERTY FACTS
| Price | $1,242,000 CAD |
| Price Per Unit | $138,000 CAD |
| Sale Type | Investment |
| Cap Rate | 4.92% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.02 AC |
| Building Size | 7,480 SF |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | RA7 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
1 of 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (70)
