Dennis Warwa,
Realtor, ABR
Homes & Gardens Real Estate Limited
3659 99 ST NW, Edmonton AB T6E-6K5CA
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Listing Presented by Dennis Warwa, Realtor with Homes & Gardens Real Estate Limited
(780) 436-1162Ext. 123
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 Contact:Dennis Warwa, Realtor
Homes & Gardens Real Estate Limited Direct Line:(780) 436-1162Ext. 123 Mobile:(780) 905-0604 Fax:(780) 436-6179
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MLS®#: E1015606
$790,000
11824 86 Street
EDMONTON
AB
T5B 3K1
Active
Description:
11824 - 86 St, Edmonton, AB, Canada; 10 units apartment on a 66' x 150' or 20.10 m x 45.80 m lot; built in 1979; property tax is $7,119 for 2010. 10 units all have individual title: 2 are bachelor, 6 are 1 bedroom, 2 are 2 bedrooms. Very well kept. Roof 02; HWT 09; common area carpet 04. Effective Gross Operating Income is $81,240.00 including 5% vacancy & credit loss. Total Operating Expenses are $30,549.52 including an extra $5,000.00 for maintenance allowance. Net Operating Income is $50,690.48. Cap rate is 6.42% ($50,690.48/$790,000.00). An confidential agreement needs to be signed before receiving the pro-forma.
Property Type: MULTI-FAMILY (COMMERCIAL) Area: Edmonton Square Feet: 9500 Lot Square Feet: 882.55 |
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