Willmore Apartments is located in one of the most desirable areas of Edmonton, Oliver. Just one block from Jasper Avenue & surrounded by Hi-rise & commercial development, this upgraded, pristine property has a very desirable Tenant Profile with long term Tenants. It is a 2 1/2 storey, wood frame project with a tar & gravel roof, with newer windows & shutters, is up to current fire code regulations, has newer vinyl siding, new landscaping, fencing, has been upgraded heating system with a Tekmar system for energy efficiency, electrical upgrading, and most suites have been upgraded/refurbished. The Owner self manages the project and has hand picked the Tenants. The rents are extremely low for this area and the Buyer would have no problem increasing the rents to CMHC average market levels which would provide a much higher return. It is a very energy efficient building which is very quiet, clean & well maintained.
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Listing information last updated on April 27, 2012 at 03:49 PM (UTC)