Located just 103 km east of Edmonton along Highway 16, Vegreville is a vibrant town in central Alberta known for its rich cultural heritage and welcoming community. With a population of over 6,000, Vegreville offers small-town charm with big opportunities. This beautifully maintained 3.5-storey wood frame complex combines charm, functionality, and long-term value. Durable gable roof replaced with upgraded hot water heating system. Newer hot water tank and boiler pumps. Each unit has been upgraded over the past few years. Excellent suite mix, 2-3 bedroom penthouse units with 1.5 bath, 15× 2 bedroom units 3x1 bedroom unit and one bachelor. Existing cap rate 5.98%, Gross Income over $ 264,000.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 32 Bedroom Apts: 153 Bedroom Apts: 24+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Pam GillAppointment Phone: 780-907-4261Paragon Lis