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

Vision Estates Apartments

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Contact

Raphael Yau
raphael.yau@cwedm.com
780.953.8383

Location

Address:
121 Tocher Avenue
City:
Hinton

Property Details

Property Type:
Multi-Family
Sale / Lease:
Sale
Sale Price:
$5,400,000
Acres:
0.76
Number of Units:
22 units

Description

A 4 story wood frame structure; built 2019
Exterior is hardy plank siding and stucco; roof is pitched, asphalt shingles.
All units have balconies w/ natural gas BBQ hookup.
All units have 6 appliances including in-suite washer & dryer.
Second and third floors have 9 ft ceilings; fourth floor has 16 ft ceilings
Single elevator & sprinkler system. Cable TV & internet included with rent.
Main floor parkade has 24 chain-link fence storage cages.
Parking is 54 stalls (24 interior stalls; 8 paved visitor; 22 graveled tenant parking)
Has 7 security cameras; building access is key-fob for all floors and elevators.
Building was built to high efficiency and environmentally conscious standards.
Three 2-bedrooms are fully furnished suites for shorter term, higher margin rental.
There is 15,000 sf of land allocated for a potential second building (19 units).
Excess land appraised @ $8.00/sf or $120,000.