150 - 1 Avenue | Wabasca, AB | Northfield Commercial Real Estate
Property Type Multifamily
List Price $10,000,000
Address 150 First Avenue
Lease or Sale sale
SQFT 0 Sqft
Active / Sold active
This thirty suite apartment building is located at 150 – 1 Avenue in Wabasca,
It is a three storey walk-up, wood-frame construction building with balconies. It
was built in 2015. There is a concrete basement, with gym, utility rooms, storage
rooms, and vacant space that could be developed into tenant storage. Part of the
basement is crawlspace. Parking is surface, paved and energized.
Subject site is reported to allow for development of an additional apartment
complex, and parking currently provided is sufficient for two complexes.
The suite mix is 8 one-bedroom suites, 10 two-bedroom suites, and 12 three-bedroom
Frame: Wood frame structure over concrete basement.
Floor: Wood joists and sub-floor. Concrete floors in basement.
Exterior Walls: Hardie Board, metal planks with wood finish, and cultured
stone accents. Metal eaves and flasshing.
Glazing: PVC framed windows in suites, some double-glazed windows
in entry areas, including mental framed man doors.
Roof: Sloped wood trussed roof, with asphalt shingles.
Balconies: Metal railings, glass half walls, and vinyl floor coverings.
Laundry: Stacked washer / dryer units provided in each suite.
Heating: Two hot water boilers and forced air, with a humidification
system. Seperate heat pumps in individual suites.
Lighting: LED pot lights, fluorescence, and incandescent fixtures.
A/C: Fully airconditioned, including suites.
Water: Domestic hot water supplied via two hot water heaters.
Electrical: Numerous electrical panels and sub-panels.
Security: Video and motion security system. Fob system for access.
Intercom: Panel at entrance connecting to in-suite receiver units.