5211-45 Avenue, in Vermilion
This is a Multi-Family Commercial Listing.
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5211-45 Avenue, in Vermilion
Welcome to Morton Apartments in Vermillion, well maintained 41 unit Townhomes close to all amenities and Lakeland College. Currently has no vacancy. Current Owners have built this site in 3 phases with first Bldg built in 2009, then in 2013, and last building in 2015. The site sits on 2.55 Acre, 82 energized parking stalls, 60 visitor stalls , There is great opportunity to add another 15-18 units on the site. Current Owners have kept the rents below market, opportunity to increase the Rent. Bldg A, BUILT IN 2009 has 9 units 2 beds/2 baths, Bldg B built in 2013, has 12 Units with 2 beds and 2 Baths and Bldg C built in 2015 with 20 Units, 19 units -2 beds and 2 baths and 1 unit - 1 bed and 1 Bath. All units have in suite laundry , all tenants pay their own power.
$4,600,000 - MLS® #E4360203
5211-45 Avenue, Vermilion, AB
Essential Information
- MLS® #E4360203
- Price$4,600,000
- Price per Sqft238
- Price Per SqFt$238
- Square Footage19,320
- Acres0.00
- Year Built2009
- TypeMulti-Family Commercial
- Days on Website213
Amenities
- Parking Spaces82
Exterior
- ConstructionWood Frame
Community Information
- Address5211-45 Avenue
- AreaVermilion River
- CityVermilion
- Postal CodeT9X 0A5
Interior
- # of Stories2
Additional Information
- ZoningRF5
Listing information last updated on April 29th, 2024 at 8:02am MDT.