5211-45 Ave, Vermilion, Alberta

About 5211-45 Ave

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. (id:36535)

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