A 25-unit rental apartment building in the Oliver neighbourhood of Edmonton has sold for $3.16M, JLL Canada reports.
Fay Ruth Manor is a walk-up building on a well-located, desirable street in the west of downtown Edmonton. The building has an assessed value of $3,062,500. The property’s new owners plan to renovate suites to increase cash flow.
The property is located at 10250 113 St., Edmonton.
Breakdown:
Price: $3,162,500
No. of Units: 25
Price/Unit: $126,500
Lot Size: 17,550 SF
Property Type: Multi-family
Zoning: RA7
Date of Sale: 03/21/2018
City: Edmonton
Province: Alberta
Name of Brokerage: JLL Canada
Do you have a Done Deal you'd like to promote? Submit here for a free posting!
