5109 51 Street
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,199,500 |
| No. of Units: | 17 |
| Opportunity Zone: | No |
| Price per unit: | $70,559 |
| Property Website | Click Here |
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