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11006 108 Ave NW 4 Unit Apartment Building $1,300,484 USD ($325,121 USD/Unit) 4.07% Cap Rate Edmonton, AB T5H 3E2
Investment Highlights
- Close proximity to Grant MacEwan University, Rogers Place and Kingsway Mall.
- Each unit has 3 bedrooms with 2½ washrooms.
- Individual single car garage with each unit.
Executive Summary
Excellent investment opportunity. Each unit has 1,088 sq. ft. over 2 floors plus basement. All the units are finished and fully leased making this a low risk investment. Developer will finish basement if desired
Property Facts
| Price | $1,300,484 USD | Apartment Style | Low-Rise |
| Price Per Unit | $325,121 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.07% | Building Size | 7,500 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2017 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Zoning | RA7 - Low Rise Apartment District | ||
| Price | $1,300,484 USD |
| Price Per Unit | $325,121 USD |
| Sale Type | Investment |
| Cap Rate | 4.07% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 7,500 SF |
| No. Stories | 2 |
| Year Built | 2017 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | RA7 - Low Rise Apartment District |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,088 |
1 1
Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
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11006 108 Ave NW
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