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Riverview Apartments 10136 95th St NW

35 Unit Block of Flats £2,173,019 (£62,086/Unit) 6.40% Net Initial Yield Edmonton, AB T5H 2A6

Investment Highlights

  • Substantially renovated in 2000 right down to the studs.
  • Excellent access to the River Valley trail system.
  • Newer paint, appliances, flooring, kitchen and bathroom renovations

Executive Summary

Fully leased 35 bachelor suite, three-storey walk-up apartment complex for sale. Substantially renovated in 2000 right down to the studs, with new windows, doors, electrical, plumbing, mechanical, exterior siding, and interior suite renovation. The building has seen many updates throughout the years. Newer paint, appliances, flooring, kitchen and bathroom renovations. Excellent access to the River Valley trail system, public transportation, and the downtown core. Proforma cap rate of 6.4%. Price per door of $112,142.

Property Facts

Price £2,173,019
Price Per Unit £62,086
Sale Type Investment
Net Initial Yield 6.40%
No. Units 35
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.23 AC
Building Size 17,459 SF
Number of Floors 3
Year Built/Renovated 1912/2000
Parking Ratio 0.57/1,000 SF
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code DC1
DC1
  • Listing ID: 33612310

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 10136 95th St NW, Edmonton, AB T5H 2A6

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