Roger Apartments | 12444 82nd St NW
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Roger Apartments 12444 82nd St NW
11 Unit Apartment Building $1,300,000 CAD ($118,182 CAD/Unit) 5.70% Cap Rate Edmonton, AB T5B 2X4
Executive Summary
Immediate & Future Upside: Current in-place rents are 13% below market, allowing for immediate rental growth. Further growth is available through suite renovations upon resident turnover.
Close Proximity to University Institutions: Located within a 10-minute drive of NAIT and MacEwan University, the property’s one-bedroom suite mix is ideally suited for the student demographic, offering convenience and accessibility.
Major Capital Improvements: Numerous capital improvements, including a new parking lot, common area vinyl baseboards and casing, hot water tank, and fob security system.
Close Proximity to University Institutions: Located within a 10-minute drive of NAIT and MacEwan University, the property’s one-bedroom suite mix is ideally suited for the student demographic, offering convenience and accessibility.
Major Capital Improvements: Numerous capital improvements, including a new parking lot, common area vinyl baseboards and casing, hot water tank, and fob security system.
Property Facts
| Price | $1,300,000 CAD | Apartment Style | Low Rise |
| Price Per Unit | $118,182 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 5.70% | Building Size | 9,360 SF |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 1.28/1,000 SF |
| Price | $1,300,000 CAD |
| Price Per Unit | $118,182 CAD |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 9,360 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Parking Ratio | 1.28/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 625 |
| 2+1 | 1 | - | 750 |
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Walk Score ®
Very Walkable (76)
zoning
| Zoning Code | RM h16 |
| RM h16 |
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Roger Apartments | 12444 82nd St NW
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