7,354 ft²Multifamily$2,647,331Sale
7,354 ft²
Multifamily
$2,647,331
Sale
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Introducing an exceptional investment opportunity in Camrose, Alberta: a 14-unit apartment portfolio comprising two distinct buildings. This portfolio offers a combination of new construction and established properties, ensuring a diverse and robust investment. 1. 8-Unit Building • Cap Rate: 5.75% • Asking Price: $1,399,816 • Price per Door: $174,977 This mid-sized property features 8 well-maintained units with a strong cap rate of 5.75%. It provides a lower entry point into the Camrose market while delivering solid returns. The building is ideal for investors looking for a property with manageable size and high-yield potential. 2. 6-Unit Building • Cap Rate: 5.75% • Asking Price: $1,247,515 • Price per Door: $207,919 The smallest property in the portfolio, this 6-unit building offers a competitive cap rate and a modest asking price. It is perfect for investors seeking to diversify their portfolio with a low-maintenance, high-return property. The building is situated in a desirable area, ensuring consistent tenant interest and occupancy. Each property within this portfolio is strategically located in Camrose, a city known for its strong economic fundamentals and growing rental market. The diverse unit sizes and competitive pricing provide flexibility and broad tenant appeal, ensuring steady rental income and occupancy.
The Space
Asking Price$2,647,331
Available Space7,354 ft²
Floor1
Property UseMulti family
ZoningR3 - Medium Density Residential District
Year Built2017
Year Renovated2022
SourceDirect
Air Conditioning
Balcony
Central Heating
Parking
The Building - Camrose Portfolio
Introducing an exceptional investment opportunity in Camrose, Alberta: a 14-unit apartment portfolio comprising two distinct buildings. This portfolio offers a combination of new construction and established properties, ensuring a diverse and robust investment. 1. 8-Unit Building • Cap Rate: 5.75% • Asking Price: $1,399,816 • Price per Door: $174,977 This mid-sized property features 8 well-maintained units with a strong cap rate of 5.75%. It provides a lower entry point into the Camrose market while delivering solid returns. The building is ideal for investors looking for a property with manageable size and high-yield potential. 2. 6-Unit Building • Cap Rate: 5.75% • Asking Price: $1,247,515 • Price per Door: $207,919 The smallest property in the portfolio, this 6-unit building offers a competitive cap rate and a modest asking price. It is perfect for investors seeking to diversify their portfolio with a low-maintenance, high-return property. The building is situated in a desirable area, ensuring consistent tenant interest and occupancy. Each property within this portfolio is strategically located in Camrose, a city known for its strong economic fundamentals and growing rental market. The diverse unit sizes and competitive pricing provide flexibility and broad tenant appeal, ensuring steady rental income and occupancy.
Property TypeMultifamily
Floors1
Building Size26,520 ft²
Lot Size26,520 ft²
ZoningR3 - Medium Density Residential District
Year Built2017
Year Renovated2022
Air Conditioning
Balcony
Central Heating
Parking
Up to $500K for Alberta businesses
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