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Office Listings

Courtesy of John W Carter of RE/MAX River City

11140 108 Avenue NW
Zone 08 Edmonton T5H 3Z3

$1,595,000
Multi-Family Commercial

Main Photo: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 1: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 2: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 3: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 4: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 5: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 6: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 7: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 8: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
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Photo 10: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 11: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 12: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 13: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 14: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 15: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 16: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 17: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 18: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 19: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 20: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 21: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 22: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 23: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 24: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Photo 25: 11140 108 Avenue NW in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4243366
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4243366
Build. Type:
Low Rise (2-4 stories)
Cheviot Manor is strategically located on a quiet, tree lined street, surrounded by other apartment buildings and newer condo development. Near several schools and existing transit including NAIT LRT and in the ripple zone of the Rogers Place Ice District plus the shopping along 107 Ave and Oliver Sq. The 15 suite, 3 storey walk-up contains 3 bachelor, 10 one & 2 two bdrm suites. In above average condition for a 1972 built wood frame building. Approximately 75% of suites have been renovated on a consistent program since 2011 to date, summary available. Landscaping and common areas renovated in 2015. Excellent investment with additional upside potential available.
Sale Type:
Asset or Share
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Business Name:
Cheviot Manor
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multi Tenant/Multi Plex, Walk Up
# Units:
15
Tot Pkg Spaces:
15
# Storeys:
3.0
Year built:
1972 (Age: 49)
Total Floor Area:
12,700 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
7541AH
Title to Land:
Fee Simple
LINC Number:
0015787526
# Elevators:
0
Num. of Parcels:
1
Cap Rate %:
5.0
Gross Operating Income:
$151,080
Other Income:
$4,000
Effective Gross Income:
$147,326
Net Operating Income:
$78,959
Total Oper. Expenses:
$68,368
Tot Expenses:
$68,368
Entry date:
May 11, 2021
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    Living Room
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    Bedroom
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    Living Room
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    Bedroom
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Data was last updated July 31, 2021 at 02:30 PM (UTC)
CHRIS BROADHURST
Cell: 780-964-9780
Office: 780-439-7000
Fax: 780-439-7248
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
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5
Priced between $ & $
Copyright 2021 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.