Courtesy Of Pam Gill Of Sutton Central Commercial Real Estate

5109 51 St, Rural Parkland County

$1,190,000


Located only 40 Kilometers west of Edmonton, this complex is located in the village of Wabamun Lake. Wabamuun is reputedly the best fishing lake in Edmonton. This 17 suiter is a 2.5 story complex. Mix of 2 x bachelors / 15 X one bedroom units. New boiler and hot water tank replaced approx 7 years ago. Roof was replaced in 2016. all units are separately metered for power. some units include power with an added rent of $70/month. Self managed by long term owner. This is the only complex in the village. Cap rate of 8.43%.

Listing Details
Office

Courtesy Of Pam Gill Of Sutton Central Commercial Real Estate

Essential Information
MLS® #E4293994
Price$1,190,000
Square Footage14,000
Acres0.00
Year Built1979
TypeMulti-Family Commercial
Community Information
Address5109 51 St
AreaParkland
SubdivisionWabamun Beach
CityRural Parkland County
ProvinceAB
Postal CodeT0E 2K0
Amenities
Parking Spaces17
Interior
# of Stories3
Exterior
ConstructionWood Frame, See Remarks
Additional Information
ZoningRA7

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Listing information last updated on July 7th, 2022 at 2:31am MDT.

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