Estimated Cash Flow
$3,640.00/ month
Asking Price
$1,600,000.00
Potential Rent
$19,900.00/ month
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YS529057 Edson
5102 and 5108 - 3rd Avenue Edson, Alberta

– Two side-by-side apartment buildings with a total of 20 units, comprised of 7 bachelor, 10 one-bedroom and 3 two-bedroom units. Situated on 0.32 acres of DC (Direct Control) zoned land.

– Strong demand for accommodation and a diverse economy assist the new owner with a variety of options with this property. Traditional rentals, short stays (AirBnB) or corporate rentals are highly possible.

– An extensive portfolio of documentation including 2016 Appraisal, Environmental and Building Condition report are available.

– Motivated seller – offers require approval by lenders and stakeholders, allow time for acceptance.

Offers of $1,500,000+ with an appraised value of $1,950,000 (June 2016)

Multi Family

Mortgage Financing

Monthly Variables

Additional Purchase Costs

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