Park View Manor 4821 47th St 18 Unit Block of Flats £1,610,643 (£89,480/Unit) Drayton Valley, AB T7A 1T4
INVESTMENT HIGHLIGHTS
- Drayton Valley is located in west-central Alberta, about 130 kilometers southwest of Edmonton.
- The building is well cared for and has seen capital expenditures completed such as a new roof in 2015.
- The property is within short walking distance to 3 schools, Discovery Park and the town’s main retail street.
EXECUTIVE SUMMARY
Units have been renovated upon turnover and feature modern flooring, fixtures and fresh paint. 17 of the 18 units are large 2-bedrooms with excellent space for tenants at 900 SF each.
PROPERTY FACTS
| Price | £1,610,643 |
| Price Per Unit | £89,480 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 19,296 SF |
| Number of Floors | 3 |
| Year Built | 1998 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 2+1 | 17 | - | - |
1 of 1
Walk Score®
Very Walkable (70)
