Listing Details

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Courtesy of Sutton Central Commercial Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT

5109 51 Street   Wabamun, Alberta

$1,599,000
MLS®: E4439592
This 2.5 story wood-frame construction apartment complex is located in the popular town of Wabamun. Wabamun is home to over 1,000 residents. Just 45 kilometres west of Edmonton, Wabamun is home to the popular Wabamun Lake (walking distance). Numerous summer + winter fishing spots and boat launches. The building consists of 17 units. Mix of 2 x bachelors / 15 x 1 bedrooms. All fully rented. Newer builder. Professionally managed. Gross income over $195,000 / annually. You won't find a cap rate of 7.26% anywhere else.

This 2.5 story wood-frame construction apartment complex is located in the popular town of Wabamun. Wabamun is home to over 1,000 residents. Just 45 kilometres west of Edmonton, Wabamun is home to the popular Wabamun Lake (walking distance). Numerous summer + winter fishing spots and boat launches. The building consists of 17 units. Mix of 2 x bachelors / 15 x 1 bedrooms. All fully rented. Newer builder. Professionally managed. Gross income over $195,000 / annually. You won't find a cap rate of 7.26% anywhere else.

Listing Information

Prop. Type:
Commercial Sale
Status:
Active
City:
Wabamun
MLS® Number:
E4439592
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,599,000

General Information

Year Built:
1978

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This property is listed by Sutton Central Commercial Real Estate and provided here courtesy of Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.