Multi Unit for Sale

Property For Sale In Bankview, Calgary

 Multi Unit for Sale, MLS® # C4139895
  • MLS®#: C4139895
  • Size: 8,205 sq ft
  • Price: $1,695,000
  • Status: Active
  • Year Built: 1978
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*BACK ON MARKET* Rarely does a turn-key, apartment building of this quality become available. All you have to do is sign the paperwork and start cashing cheques. Gross income is $113,580 with room to improve. NOI is $76,203. 4.7 Cap Rate. Your new 8 unit building is a solid concrete construction with brick exterior. No post tension cables to be concerned about. This one is almost all new. Roof, boiler, hot water tank, and windows have all been recently replaced. The suite mix is awesome with 5 spacious 2 bedroom units and 3 good sized one bedroom units. All of the units have been completely renovated with new floors, kitchen, bathrooms, etc. All suites also feature their own laundry. Several suites have exceptional downtown views. All of this leads to a building that attracts and retains high quality tenants. The building is already condo titled which allows for some creative buying strategies and multiple exit strategies as well. Don’t delay, this one is expected to sell quickly!

Contact Rob Johnstone About MLS® C4139895

Required Field

Rob Johnstone, 403-730-2330 at RE/MAX R.E.(Mountain View)Ltd., 222, 4625 VARSITY DRIVE N.W., CALGARY, Alberta, T3A 0Z9

property information

  • Property Type: Multi Unit
  • MLS®#: C4139895
  • Year Built: 1978
  • Total Floor Area: 8,205 sq.ft
  • Restrictions: None Known,See Remarks
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Community Information

  • Neighbourhood: Bankview
  • City: Calgary
  • Postal Code: T2T 4M2
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exterior

  • Exterior Features: Back Lane, See Remarks, Shopping Nearby, Visual Exposure
  • Frontage: 15.2300 metres
  • Depth: 35.9700 metres
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$1,695,000

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Listing Courtesy of
RE/MAX ROCKY VIEW REAL ESTATE
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.