12035 82 St Nw, Edmonton, Alberta T5B 2W5

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:27476)

With a total of 16 parking spaces, NAI Commercial Real Estate has been exclusively retained by the Court of Kings Bench of Alberta to facilitate the Judicial sale of the Former Rutherford Place Apartments. Situated at 12035 - 82 Street in Edmonton, Alberta, the Property is a Multi-Family property featuring an 18-suite, 3-storey wood-frame construction building.

This property presents an opportunity for value addition, with the potential to increase the Net Operating Income through in-suite renovations and adjusting rents to match the rising rental rate environment. Additionally, the Property has a track record of historically low vacancy rates, contributing to its appeal.

Located in a neighborhood with access to major arterial roadways such as 82 Street with 25,100 vehicles per day and Yellowhead Trail with 75,000 vehicles per day, the Property benefits from a strategic location that enhances its investment potential.

For sale, this property boasts a land size of 16,766 sqft and is situated at 12035 82 ST NW in the city of Edmonton, Alberta, with a postal code of T5B2W5.