This property is listed by Sutton Central Commercial Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$1,599,000
5109 51 Street Wabamun, Alberta
This 2.5 story wood-frame construction apartment complex is located in the popular town of Wabamun. Wabamun is home to over 1,000 residents. Just 45 kilometres west of Edmonton, Wabamun is home to the popular Wabamun Lake (walking distance). Numerous summer + winter fishing spots and boat launches. The building consists of 17 units. Mix of 2 x bachelors / 15 x 1 bedrooms. All fully rented. Newer builder. Professionally managed. Gross income over $195,000 / annually. You won't find a cap rate of 7.26% anywhere else.
Listing Information
- Prop. Type:
- Commercial Sale
- Status:
- Active
- City:
- Wabamun
- MLS® Number:
- E4439592
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $1,599,000
General Information
- Year Built:
- 1978
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Location
Gurinder Grewal
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
Office: 780-450-6300
Mobile: 780-709-7484
Fax: 780-450-6670
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
Office: 780-450-6300
Mobile: 780-709-7484
Fax: 780-450-6670
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.