506 16 Street Wainwright, AB T9W 1R7

John Carter
John Carter
Owner

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169899926 52.83329 -110.848 732 /listing/169899926-150112694/506-16-street-wainwright-ab-t9w-1r7 False 0 3260000.0 101 E4037026 True
  • $3,260,000
  • 506 16 Street Wainwright, AB T9W 1R7

Property & Neighborhood Info

Courtesy Of John W Carter , RE/MAX River City

Commercial in Wainwright

Fairview Apartments is a 36 unit, 4 storey building in an excellent location in the town of Wainwright, AB. Exceptional suite mix of 15 one bedroom, 15 two bedroom and 6 three bedroom units. All units have walkout patios or balconies, and are very large and well kept. The building is in excellent condition and current owner is the second owner, having bought from the original owner. Being sold individually or preferred as a package with Aspen Apartments as well (1101-14 St). NOI estimated at $261,300. Asking price is 8.0% cap rate with vendor open to VTB 2nd mortgage, negotiable with offers. Detailed package available with confidentiality agreement signed.

Courtesy Of John W Carter , RE/MAX River City

Main Features

  • Listing Status: Active
  • Year Built: 1976
  • Floors: 4
  • Units: 36
  • Zoning: R3-Multi family
  • Subdivision: Wainwright
  • MLS® Number:E4037026

Additional Features

  • Community:
    • Wainwright
  • Lot Size (Hectares):
    • 0
  • Lot Size (Sq. Mtrs.):
    • 0
  • Lot Size Sq Ft:
    • 37970
  • Type:
    • Multi-Family Commercial
Neighborhood info courtesy of Homes.com © 2017