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Courtesy of John Carter of RE/MAX River City.
Data was last updated 2018-10-16 at 15:30:30 MDT
$1,999,999

11140 108 AV NW   Edmonton, AB

MLS®: E4126013
URL:    
Multi-Family Apartment Investors,  15 Suite Multi-Family Apartment  Cheviot Manor - 11140-108 Avenue, Edmonton, AB.   Cheviot Manor is strategically located on a quiet, tree lined street, surrounded by other apartment buildings and newer condo development in the ripple zone of the new Arena District. Near several schools, and existing transit with efficient access to the expanded LRT network to NAIT, and walkable to MacEwan.   The location and suite mix optimizes minimizing vacancy and increasing rental demand and rent rate growth that has been consistent since the current owner purchased the building in March of 2010. The 15 suite, 3 storey walk-up apartment building contains 3 bachelor, 9 one bedroom and 2 two bedroom suites. In above average condition for the 1972 built wood frame building, recent upgrades to the roof in approx. 2005, suites from 2011 to date, and hallway common areas in 2015 continue to improve the building.
Multi-Family Apartment Investors, 15 Suite Multi-Family Apartment Cheviot Manor - 11140-108 Avenue, Edmonton, AB. Cheviot Manor is strategically located on a quiet, tree lined street, surrounded by other apartment buildings and newer condo development in the ripple zone of the new Arena District. Near several schools, and existing transit with efficient access to the expanded LRT network to NAIT, and walkable to MacEwan. The location and suite mix optimizes minimizing vacancy and increasing rental demand and rent rate growth that has been consistent since the current owner purchased the building in March of 2010. The 15 suite, 3 storey walk-up apartment building contains 3 bachelor, 9 one bedroom and 2 two bedroom suites. In above average condition for the 1972 built wood frame building, recent upgrades to the roof in approx. 2005, suites from 2011 to date, and hallway common areas in 2015 continue to improve the building.

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
City:
Edmonton
MLS® Number:
E4126013
Neighbourhood:
Queen Mary Park
Area:
Edmonton
Province:
AB
Listing Price:
$1,999,999

General Information

Year Built:
1972
Zoning/Land Use Code:
For Sale
Region:
Edmonton

Additional Information

Plan:
7541AH
Legal Block:
11
Legal Lot/Unit:
219/220

Other Information

Land Size Hectares:
0
Zoning/Land Use:
ra7
Building Type:
Low Rise (2-4 stories), Multi Tenant/Multi Plex, W

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This property is listed by John Carter of RE/MAX River City and provided here courtesy of John Carter. For more information or to schedule a viewing please contact John Carter.
John Carter
RE/MAX River City (Commercial Division)
Phone: 1-877-417-2626
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.