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Listed by Vincenzo P Caputo • NAI Commercial Real Estate Inc
$ 1,199,500
$ 1,199,500
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44663830
Year Built 1978
Property Description
NAI Commercial Real Estate, have been retained by MNP Ltd. in our capacity as Receiver on an exclusive basis to arrange for the Receivership sale of Wabamun Manor, located at 5109 - 51 Street in Wabamun, Alberta (the “Property”). The Multi-Family property consists of a 2.5-storey wood-frame construction building with 17 suites. 17-suite apartment building in established lake community. Historically stabilized income producing property. Value-add opportunity through improved occupancy. Rental demand supported by regional employment and recreational activity. Potential to restore stabilized income levels achieved under previous ownership.
Location
Province AB
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