TD Tower, Suite 2700
10088 - 102 Avenue
Edmonton, AB T5J 2Z1
Tel.780.420.1177

CARLINGTON TERRACE II APARTMENTS

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Contact

Raphael Yau
Raphael.Yau@cwedm.com
780.953.8383

Location

Address:
6928 101 Avenue NW
City:
Edmonton

Property Details

Property Type:
Multi-Family
Sale / Lease:
Sale
Sale Price:
$1,275,000
Acres:
0.39
Number of Units:
units

Description

A 2.5 story wood frame structure; built 1956.
Exterior is stucco; roof is flat, torch-on membrane.
Laundry equipment is 1 set washer & dryer; leased coinomatic.
All units have fridge and stove.
Electrical metered separately to each tenant; tenants pay.
Parking is 12 surface stalls.

RENOVATIONS: Suites: Newer flooring in several units.
Common Areas: Newer carpets.
Exterior: Newer windows; Roof replaced (2005).
There are: 2 : studio units @ sf
4 : 1-bdm units @ sf
6 : 2-bdm units @ sf
12 UNITS TOTAL

FINANCING: Treat as Clear Title. Let’s say Purchaser gets new first mtg of $900,000 at 3.25%; 5/25; P&I $4,385.03/mo.

PRICE: $1,275,000($106,250 per unit)