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Courtesy of Vincenzo Caputo of Nai Commercial Real Estate Inc.
Data was last updated 2024-05-19 at 19:53:18 GMT
$2,016,000

12035 82 ST NW   Edmonton, AB

MLS®: E4372021
URL:    
NAI Commercial Real Estate, have been retained by the Court of King?s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the ?Property?). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites.   Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022).
NAI Commercial Real Estate, have been retained by the Court of King?s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the ?Property?). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites. Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022).

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
City:
Edmonton
MLS® Number:
E4372021
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
AB
Listing Price:
$2,016,000

General Information

Year Built:
1968
Zoning/Land Use Code:
For Sale
Region:
Edmonton

Additional Information

Plan:
0740126
Legal Block:
-
Legal Lot/Unit:
-

Other Information

Land Size Hectares:
0
Zoning/Land Use:
Medium Scale Residential
Building Type:
Multi Tenant/Multi Plex

VIP-Only Information

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This property is listed by Vincenzo Caputo of Nai Commercial Real Estate Inc and provided here courtesy of John Carter. For more information or to schedule a viewing please contact John Carter.
John Carter
RE/MAX River City (Commercial Division)
Phone: 1-877-417-2626
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.