Vegreville 28 Units (3 Building) Portfolio

For Sale

5501/13-61 Street and 5117-46 Avenue Vegreville, Alberta

$2,577,752

For Sale

Description

For Sale – Vegreville 28 Units (3 Building) Portfolio

This wonderful property portfolio in Vegreville, Alberta and includes three well maintained buildings on two parcels. Priced under $93,000 per door and if you add the two non-conforming units you’re at a per-door price of $88,880! Vegreville has a population of 5,700 and is located just over 100 kilometers East of Edmonton.

Willow Manor is a 12 unit building situated across from a green space/park and Elementary school. It features a mix of bachelor, one and two bedroom units, may of which have been updated over the years.

Heritage Manor offers two buildings with 16 units total and is also situated across from a green space. There are a mix of bachelor, one and two bedroom units which have also been updated through the years with undeveloped land between the existing buildings which could hold a third building or an amenity/kitchen for a seniors facility.

The Seller is highly motivated and looking to move onto other opportunities.

Price: $2,577,752