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Willowbrook Townhomes 5109 46 Av
5 Unit Apartment Building $580,000 CAD ($116,000 CAD/Unit) 7% Cap Rate Vegreville, AB T9C 1L6
Executive Summary
The offering is known as Willowbrook Townhomes which consists of 5 units with each unit being a 2 storey dwelling with exterior access to a back yard area, and energized parking for each unit. The complex was constructed in 1963 with recent and ongoing renovations completed to the interior and exterior throughout the last decade. This rare opportunity to acquire a small townhouse portfolio is positioned well for a first time investor seeking a stable and long term investment.
Property Facts
| Price | $580,000 CAD | Apartment Style | Low Rise |
| Price Per Unit | $116,000 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 6,467 SF |
| Cap Rate | 7% | No. Stories | 2 |
| No. Units | 5 | Year Built | 1963 |
| Property Type | Multifamily | Parking Ratio | 0.93/1,000 SF |
| Property Subtype | Apartment |
| Price | $580,000 CAD |
| Price Per Unit | $116,000 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 6,467 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.93/1,000 SF |
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zoning
| Zoning Code | R4 (High Density Residential) |
| R4 (High Density Residential) |
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Willowbrook Townhomes | 5109 46 Av
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