For Sale · Land

10047 93 street, Edmonton

10047 93 street, Edmonton, AB T5H1W6

$780,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

89%

Lot Size

0.17156332874196512 ac

About this property

Fully rented walkout bungalow fourplex in the heart of Edmonton’s beautiful river valley, situated on a tree-lined street. The property offers four separate two-bedroom suites and two shared laundry rooms on a large 50 × 150 ft. lot.Extensive upgrades approximately 15 years ago included kitchens, bathrooms, flooring, paint, plumbing, windows, doors and shingles. Well maintained and offered on the open market for the first time, this property presents an excellent investment opportunity in a desirable location. (id:66811)

Financial sandbox

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Estimate
Purchase price$780K
Down payment30% · $234K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$30K

Annual cash flow

$-13K

Cash-on-cash

-5.74%

DSCR

0.69

Going-in cap

3.82%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

96,775

Households

39,068

Median income

$120,000

Median age

36.6

Daytime population

120,854

5-yr growth

7.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 10047 93 street, Edmonton.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.