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Multi-Family Commercial for Sale

Courtesy of Vincenzo Caputo of NAI Commercial Real Estate Inc

Property For Sale In Eastwood, Edmonton

 Multi-Family Commercial for Sale, MLS® # E4372021

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).

Contact Felicia Dean & Jen Osmond About MLS® E4372021

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Felicia Dean & Jen Osmond , 780-289-6670 at RE/MAX Excellence, #201 5607 - 199 Street, Edmonton, Alberta, T6M OM8

property information

  • Property Type: Multi-Family Commercial
  • MLS®#: E4372021
  • Year Built: 1968
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Community Information

  • Neighbourhood: Eastwood
  • City: Edmonton
  • Postal Code: T5B 2W5
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$2,016,000

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