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5030 49 ave 21 Unit Apartment Building $2,063,739 USD ($98,273 USD/Unit) 5.98% Cap Rate Vegreville, AB T9C 1P3
Executive Summary
This is a 3.5 story, wood-frame complex. Gable roof (2010), Hot water heating system, new heat exchangers. Newer hot water tank. Gable roof. 3 brm units are penthouse units on the 3rd floor with 1.5 bath. All units have been upgraded over the last 10 years. All exterior grading done in 2025. Professionally managed
Property Facts Under Contract
| Price | $2,063,739 USD | Property Subtype | Apartment |
| Price Per Unit | $98,273 USD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.98% | Building Size | 21,465 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1986 |
| Price | $2,063,739 USD |
| Price Per Unit | $98,273 USD |
| Sale Type | Investment |
| Cap Rate | 5.98% |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 21,465 SF |
| No. Stories | 3 |
| Year Built | 1986 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Conference Rooms
- Smoke Detector
1 1
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
30/100
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Photos
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5030 49 ave
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