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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