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Arlington Place Apartments 5333 49 Av
15 Unit Block of Flats £739,314 (£49,288/Unit) 7% Net Initial Yield Vegreville, AB T9C 1P5
Investment Highlights
- Adult only building with great mix of long-term tenants
Executive Summary
The offering is an adult only building known as Arlington Place which consists of 15 units with individual parking allocated to each unit. The complex
was constructed in 1978 with recent renovations/improvements to the roofing system (2021), interior(s) and exterior (2010 – recent) completed throughout. Being an adult only building makes this property ideal for retaining long term tenants and provides for a secure long term investment with minimal capital expenditures required.
was constructed in 1978 with recent renovations/improvements to the roofing system (2021), interior(s) and exterior (2010 – recent) completed throughout. Being an adult only building makes this property ideal for retaining long term tenants and provides for a secure long term investment with minimal capital expenditures required.
Property Facts
Price | £739,314 | Property Subtype | Apartment |
Price Per Unit | £49,288 | Building Class | C |
Sale Type | Investment | Building Size | 12,800 SF |
Net Initial Yield | 7% | Number of Floors | 3 |
Sale Conditions | Buying dept | Year Built/Renovated | 1978/2021 |
No. Units | 15 | Parking Ratio | 1.43/1,000 SF |
Property Type | Residential |
Price | £739,314 |
Price Per Unit | £49,288 |
Sale Type | Investment |
Net Initial Yield | 7% |
Sale Conditions | Buying dept |
No. Units | 15 |
Property Type | Residential |
Property Subtype | Apartment |
Building Class | C |
Building Size | 12,800 SF |
Number of Floors | 3 |
Year Built/Renovated | 1978/2021 |
Parking Ratio | 1.43/1,000 SF |
Site Amenities
- Laundry Facilities
- Maintenance on site
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zoning
Zoning Code | R4 (High Density Residential) |
R4 (High Density Residential) |
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Arlington Place Apartments | 5333 49 Av
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