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$ 1,618,000
Est. payment | /mo
$ 1,618,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4439592
Year Built 1978
Property Description
This 2.5 story wood-frame construction apartment complex is located in the popular town of Wabamun. Wabamun is home to over 1,000 residents. Just 45 kilometres west of Edmonton, Wabamun is home to the popular Wabamun Lake (walking distance). Numerous summer + winter fishing spots and boat launches. The building consists of 17 units. Mix of 2 x bachelors / 15 x 1 bedrooms. All fully rented. Newer builder. Professionally managed. Gross income over $195,000 / annually. You won't find a cap rate of 7.26% anywhere else.
Location
Province AB
Zoning Zone 93
Others
Tax ID 0017200106
Ownership Private
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Pam Gill • Sutton Central Commercial Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "