PARKVIEW MANOR APARTMENTS 4821- 47 Street, Drayton Valley, AB

The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form a part of any future contract.

5603 199 Street, Edmonton, AB T6M 0M8 780.429.1200 www.CommercialYEG.ca

For more information, please contact:Miki O’Ree, Associate Multi Family & Investments T 780.341.2039 E mikioree@hotmail.com

FOR SALE

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PROPERTY FEATURES

Parkview Manor is an exceptional building in the heart of Drayton Valley, which offers spacious “condo-like” living with two bedroom units ranging from 955 – 1000 sq. ft. (+/-), 4 pc. bathroom, dishwasher, walk in stor-age rooms and balcony/walk out patio, coin laundry on each floor. Units are separately metered, boiler, hot water tank, forced air furnace for common areas, and in floor heating throughout.

Gorgeous 18-unit low-rise apartment building with NO vacanciesThree story wood frame construction built in1998 Building size is 19,296 on 0.55 Acre lot All units are above grade with balcony / walkout patio Suite Mix: 17-2 BR and 1 Bachelor Zoned R-4, High Density Residential Zone Roof replaced in 2015

LOCATION Parkview Manor is located only 75 minutes from Edmonton in the town of Drayton Valley. The building is situated on a quiet residential street surrounded by established single family housing, newer townhomes, and sits adjacent to a vibrant senior housing facility. Parkview is close to all amenities with the central business district only blocks away.

ASKING PRICE - $2,500,000.00$139,000 PER DOOR

The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form a part of any future contract.

5603 199 Street, Edmonton, AB T6M 0M8 780.429.1200 www.CommercialYEG.ca

FOR SALE PARKVIEW MANOR APARTMENTS

4821- 47 Street, Drayton Valley, AB

• Population is 7,235

• Median age is 32

• Median family income $90,259 (Canada: $76,550)

• Average housing cost $365,000 / $235 psf

Drayton Valley is located in Brazeau County, west – central Alberta, adjacent to N. Saskatchewan River. Highways: Primary Highways: 20, 22 (Cowboy Trail), North/South, 39, East/West Secondary Highways: 616, 620, 621, 753, 759, 105 km from Hwy 2 (QEII/Canamex) 46 km from Yellowhead (16)

Air Services: The Drayton Valley Municipal Airport is a 24 hour all-weather facility with a 5,066 foot runway that accommodates aircraft up to the size of a 737.

DEMOGRAPHICS ECONOMY

Current leading industries:

• Oil and gas• Agriculture• Forestry

Targeted industries:

• Bio-industrial • Green Energy • Research & Development • Education

The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form a part of any future contract.

5603 199 Street, Edmonton, AB T6M 0M8 780.429.1200 www.CommercialYEG.ca

For more information, please contact:Miki O’Ree, Associate Multi Family & Investments T 780.341.2039 E mikioree@hotmail.com

FOR SALE PARKVIEW MANOR APARTMENTS

4821- 47 Street, Drayton Valley, AB

BIO-MILE

The Town of Drayton Valley’s Bio-Mile® is an area of industrial land located adjacent to the Weyerhaeuser sawmill. The Town of Drayton Valley established the Bio-Mile® in order to attract businesses from the emerging bio-econo-my. It is designed to provide a home to companies, organizations and research partnerships focusing on creating new products from waste products including bio-mass from the forestry and agriculture industries.

The Bio-Mile® opportunities have already brought industry, government and academia on board in collaboration to support the bio-industrial developments in our community. There are several Memorandums of Understand-ing in place with industry and post-secondary institutions. Working with CLIB2021, a European based research consortium, has assisted in developing a strong network of international players. Drayton Valley is working with Energy Academy Europe from Groningen, Netherlands to pursue a joint research project with industry.

The on-going developments underway at the Bio-Composites Group fibre-mat plant is the first success story for the Bio-Mile.

CLEAN ENERGY TECHNOLOGY CENTRE (CETC)- A FIRST OF ALBERTAIn support of the Bio-Mile® having successful business attraction and new startups setting their roots here, the Town of Drayton Valley is recently opened the Clean Energy Technology Centre (CETC). The CETC is an innovative centre and first of its kind in Alberta that provides a focus of services for education and training, business develop-ment and incubation, and applied research and development.

The CETC is a 28,500 square foot facility with a large multi-event space able to seat 350 guests at round table. An onsite teaching kitchen at CETC is able to provide catering and culinary classes for the variety of events including: conferences, trade shows, career fairs, lectures, workshops and community events.

The CETC has classrooms including video conferencing suites, computer stations, health care lab, and modern learning spaces. The learning commons area provides students, researchers and instructors innovative space to collaborate in small working groups along with a quiet study area. The administration space is designed as a cen-tral nucleus for the facility to inspire creative idea and knowledge sharing between NorQuest instructors and staff, CETC administration, researchers, business incubators, entrepreneurs, and clients.

The CETC will engage industry to provide service gaps that currently exist in the region. Many local employers send employees out of town for educational and training needs. With a the highly skilled oil and gas industry next door to the CETC there are a variety of courses from credit programs, leadership and professional development programs, and continuing education courses that are in need. Furthermore, as the bio-industry advances, there’s a growing need for skills training required for bio-manufacturing and alternative energy equipment and processes.

Today, Drayton Valley is diversifying its economy. Home to the Bio-Mile® and the Clean Energy Technology Centre, Drayton Valley offers partnership opportunities for new investors, promising growth prospects to existing busi-nesses, and a supportive network for budding entrepreneurs.Drayton Valley is known for its commitment to sustainability and green development. Several of its recent envi-ronmental initiatives have resulted in the creation of new bio-industry and a higher quality of life for residents. The Community Sustainability Plan puts Drayton Valley on a well defined path towards its very ambitious vision for the future.

Sources:The Town of Drayton Valley