Vermillion Place | 10730 106 Av NW
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Vermillion Place 10730 106 Av NW
27 Unit Apartment Building $2,187,674 USD ($81,025 USD/Unit) Edmonton, AB T5H 0R1
Investment Highlights
- Comprised of 27 residential rental suites in the Central McDougall neighbourhood
- A suite renovation program would also allow a prospective purchaser to further increase rents
- Vermillion Place is 96% occupied, with only one vacant suite available for rent
- Opportunity to increase rental rates on lease turnover to market
- Minutes away from MacEwan University, ICE District, Brewery District, and the abundance of amenities near downtown Edmonton
Property Facts Under Contract
Price | $2,187,674 USD | Building Class | C |
Price Per Unit | $81,025 USD | Lot Size | 0.30 AC |
Sale Type | Investment | Building Size | 30,000 SF |
No. Units | 27 | Average Occupancy | 96% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1981 |
Apartment Style | Low Rise |
Price | $2,187,674 USD |
Price Per Unit | $81,025 USD |
Sale Type | Investment |
No. Units | 27 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.30 AC |
Building Size | 30,000 SF |
Average Occupancy | 96% |
No. Stories | 3 |
Year Built | 1981 |
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 18 | - | - |
1+1 | 9 | - | - |
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Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (81)
Bike Score®
Very Bikeable (89)
zoning
Zoning Code | RM h23 (Medium Scale Residential) |
RM h23 (Medium Scale Residential) |
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Vermillion Place | 10730 106 Av NW
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