Chris Grey

Your Edmonton and Area REALTOR®

(780) 481-2950

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4821 47 Street: Drayton Valley Multi-Family Commercial for sale : MLS® # E4071984

Courtesy of Miki C O'Ree of RE/MAX Excellence

4821 47 Street Drayton Valley T7A 1T4 : Drayton Valley

Main Photo: 4821 47 Street: Drayton Valley Multi-Family Commercial for sale : MLS® # E4071984
Prop. Type:
Multi-Family Commercial
MLS® Num:
Build. Type:
ALBERTA IS STILL THE PROVINCE TO INVEST IN! PARKVIEW MANOR is one of the nicest buildings in Drayton Valley. This three-story wood frame construction building consists of 18 above ground units with balcony/walkout patio, no vacancies, laundry room on each floor and new roof (2015). The building offers spacious 'condo-like' living, suite mix is 17 two bedroom units, 955-998 SF, 4 pc. Bath, dishwasher, spacious walk-in storage rooms, and 1 bachelor unit. DEMOGRAPHICS: Population 7,235 (1.6% increase since 2011), median age 32, median family income $90,259. LOCATED near the central business district on a quiet residential street adjacent to a vibrant seniors home, established single family dwellings and newly constructed townhomes. Travel time to Edmonton is 75 minutes. ECONOMY: The town of Drayoton Valley Capital Projects - 2017 Final Budget Include a 10M investment in the Development of Stage 1 Bio-industrial park and further investment into bio-diversity, entrepreneurship and strategic growth.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories), Walk Up
# Units:
Tot Pkg Spaces:
# Storeys:
Year built:
1998 (Age: 20)
Total Floor Area:
Switch units of measure19,296 sq. ft.
Lot Area:
Switch units of measure0.55 acre(s)
Land Use/Zoning:
Title to Land:
Fee Simple
LINC Number:
Num. of Parcels:
Cap Rate %:
Gross Operating Income:
Other Income:
Effective Gross Income:
Net Operating Income:
Total Oper. Expenses:
Tot Expenses:
Entry date:
Jul 05, 2017
Listing information last updated on 7-Feb-2018 8:42 PM
Chris Grey
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Toll Free:(866) 481-2950
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