11705-83 Street Spruce Manor: Business with Property for sale (Other) : MLS®# n/a

11705-83 Street Spruce Manor :

Main Photo: 11705-83 Street Spruce Manor: Business with Property for sale (Other)  : MLS®# n/abanner
$605,000
Prop. Type:
Business with Property
MLS® Num:
N/A
Status:
Sold
Clean, well maintained 12 Suite walk up apt bldg with lge stes. Shows an 8% cap rate at list price. 4 studio units are the size of an ave 1 bdrm. Could easily be converted to 1 bdrm units with wall & door! Very conscientious Res. Mgr. Built in 1980, this 2 ½ storey wood frame complex has wood & California stucco; tar & gravel roof; balconies, intercom & current fire code upgrades. Many recent upgrades: new ceramic on lower common area; new lighting fixtures; paint; several stes have new laminate flooring; some new carpet & stes upgraded when Tenants vacate. Tenants pay for the individually metered power (stes & parking stalls). Located in area of very positive transition min. from downtown. Much new condo & retail construction nearby. For a detailed proforma call Val Toffoli 780-707-9395; email: vtoffoli@shaw.ca
Price:
$605,000
Property Type:
Business with Property
MLS® Num:
n/a
Status:
Sold
Listing information last updated on April 27, 2012 at 03:48 PM (UTC)
VAL TOFFOLI
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