Data Last Updated November 30, 2020, 8:27 am

Courtesy of Heather Malin RE/MAX Vision Realty

MLS® #:  E4198788    
Address:  ACCESS Addresses
    Days On Market:  ACCESS Days on Market
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For viewing call 780-621-8001
Contact Heather


Parade View is a 12 unit, 2.5 story walk up apartment on .3 acres in Drayton Valley. The building was built by Fritz Gruber Construction in 1993 with a concrete foundation & wood frame construction. There are ten 2 bedroom units & two 1 bedroom. 8 units have balconies. The asphalt shingles were replaced 2 years ago. The asphalt paved lot has 12 tandem stalls allowing for 2 vehicles per unit with power that's connected to each suite. The coined laundry room is in the basement (2 washers & dryers). The front entry is set up with security intercom system. The exterior has concrete sidewalks & curbing. There is a storage shed for equipment & maintenance items. The utilities are paid by owners with exception of power & telephone. A very well maintained building & the newest one in town with a cap rate of 9% for 2020. NOTE:- If looking for more investments, there is a 2001 4plex with separate titles for $575,000 (MLS E4198805), and a 2003 side x side duplex with legal basement suites for $525,000 (MLS E4198826)

Status: Active
Site Influences:
Corner Site, Shopping Nearby, Low Maintenance Landscape
Location & Listing Info:
Neighbourhood: None
Zone: Drayton Valley
Property Info:
Property Type: Multi-Family Commercial
Year Built: 1993
Financial & Possession:
Additional Info:
Legal Description: 4805
Access includes addresses, days on market and full comments.
> Property History > Days On Market > Previous Price
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Property History
For viewing call 780-621-8001
Contact Heather Malin - 780-621-8001
5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9
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Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated November 30, 2020, 8:27 am.

5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9
Tel: 780-621-8001 Toll Free: 1-888-542-4044 Cell: 780-621-8001 Office: 780-542-4040 Fax: 780-542-6040
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
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