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Hinton, Alberta apartment building sold for $1.95M

The 22-unit Vision Estates was built in 2010 and features excess development land
hinton apartment
 
A 22-unit apartment building in Hinton, Alberta has sold for $1.95 million, Colliers International tells Western Investor.
 
Vision Estates is situated on a one-acre lot, with 22 high-end residential suites contructed in 2010. The property includes 13,825 square feet of excess development land. The site was sold through a court-ordered sale. 
 
The property is located at 121 Tocher Ave., Alberta. 
 
 

Breakdown: 

 
Price: $1,950,000
No. of Units: 22
Price/Unit: $88,636
Lot Size: 1.07 acres  
Property Type: Multi-family 
Zoning: C-NOD 
Date of Sale: 11/13/2018
City: Hinton 
Province: Alberta 
Name of Brokerage: Colliers International 
 

 

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