15150 sqft

NAI Commercial Real Estate, have been retained by the Court of Kings Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the Property). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites. Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022). (id:45344)

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    Property Details

    MLS® Number E4372021
    Property Type Multi-family
    Neigbourhood Eastwood
    Parking Space Total 16


    Constructed Date 1968
    Size Interior 15150 Sqft


    Acreage No
    Size Irregular 16766
    Size Total 16766 Sqft
    Size Total Text 16766 Sqft


    Brian Cyr
    Remax Elite
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
    - Bill & Kathy Hill