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  • 12120 82 Street in Edmonton: Zone 05 Multi-Family Commercial for sale : MLS®# E4301548

    12120 82 Street Zone 05 Edmonton T5B 2W7
    Main Photo: 12120 82 Street in Edmonton: Zone 05 Multi-Family Commercial for sale : MLS®# E4301548
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    $1,980,000
    Multi-Family Commercial
    Courtesy of Julian P Szklarz of Coldwell Banker Venture Realty
    Status:
    Active
    MLS® Num:
    E4301548
    Build. Type:
    Multi Tenant/Multi Plex
    Floor Area:
    18,668 sq. ft.
    Normandy Apartments!!! Normandy has an ideal mix of 2 bedrooms, one beds, and Studios which allows this 22 unit apartment building to cater to singles or couples and families. Normandy is in progress of upgrading and new re rental plan, income, cap rate is based on previous years full rental however previous $2,420,000 price which now has been reduced to $1,980,000 asking, ultimately changing the cap rate positively - perfect for the buyer to complete upgrades and re rental plan, only 7 minute walk to LRT, bus route in front of Normandy allows for very quick access to the city center, Yellowhead Trail provides ease of vehicle travel to all parts of Edmonton for work etc. Schools and shopping close by, walking distance to Avenue of Champions a world of new trending restaurants and services, etc. All the above combined with very reasonable rents gives you the perfect result -- Your opportunity to purchase a great investment and desired building located in a rejuvenating community is Normandy Apartments. More details
    Julian Szklarz
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Data was last updated July 5, 2022 at 06:30 PM (UTC)
Contact Us:
Office: 780-483-0601
Coldwell Banker Venture Realty
201, 10114 - 156 Street NW
Edmonton AB T5P 2P9 CA
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