Courtesy Of Vincenzo Caputo Of NAI Commercial Real Estate Inc

12035 82 St Nw, Edmonton, AB

$2,016,000

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15,150

Square feet

About 12035 82 St Nw

NAI Commercial Real Estate, have been retained by the Court of King’s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the “Property”). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites. Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022).

Features of 12035 82 St Nw

MLS® # E4372021
Price $2,016,000
Square Footage 15,150
Acres 0.00
Year Built 1968
Type Multi-Family Commercial

Community Information

Address 12035 82 St Nw
Area Edmonton
Subdivision Eastwood
City Edmonton
Province AB
Postal Code T5B 2W5

Amenities

Parking Spaces 16
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Has Basement No

Exterior

Construction Mixed

Additional Information

Date Listed February 5th, 2024
Zoning Medium Scale Residential
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Vincenzo Caputo Of NAI Commercial Real Estate Inc

Listing Map