PRICED TO SELL! 12 Ste Apt Bldg -Priced to Sell!

10651 - 106 Street-Lexus Apts-REDUCED FOR QUICK SALE! T5H2X7 :

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$838,800
Prop. Type:
Business with Property
MLS® Num:
NEW
Status:
Sold
REDUCED TO ONLY $69,900/SUITE! PRICED FOR QUICK SALE! UP TO 75-80% FINANCING AVAILABLE AS AN AGREEMENT FOR SALE UNTIL FEBRUARY 2013!! OR place your own financing at today's great rates!
Low Rents - upside to increase rents.
Lexus Apts, is a 2.5 storey, 12 ste walk up Apartment Bldg is located in Central McDougal within walking distance to Grant MacEwan College, Downtown, and close proximity to RA Hospital; Kingsway Garden Mall; NAIT and steps away to Bus Route. Newer Tar & Gravel Roof in 1999; Hot Water Tank in 2002; Newer Siding & Capped Windows (some new windows); Fire Code upgrading 2004; refurbished landscaping; common areas. Great curb appeal & good functional floor plan. 11 spacious one bedroom suites & 1 smaller 1 bdrm unit. Tenants pay power including energized parking. Intercom System. Hot water heating/Natural Gas Fuel. An excellent investment opportunity offered at an excellent price at a 6.04% cap rate. Do not go direct and/or disturb Tenants. All appointments to be booked through Val 780-707-9395; vtoffoli@shaw.ca; www.valtoffoli.co; with sufficient notice, subjecy to Tenant's Rights. Proforma & additional information provided upon request. Financing of up to 80% available to a qualified Buyer! Don't let this opportunity get away!
Price:
$838,800
Property Type:
Business with Property
MLS® Num:
NEW
Status:
Sold
Listing information last updated on April 27, 2012 at 03:51 PM (UTC)
VAL TOFFOLI
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.