Apartment Buildings /AB /Lethbridge County /Lethbridge /122 5 St S
Apartment Buildings /AB /Lethbridge County /Lethbridge /122 5 St S

122 5 St S - Apartments FOR SALE


Lethbridge, AB T1J 2B2 | 
$4,600,000 CAD
403-942-0064
122 5 St S, Lethbridge, AB for Sale
$4,600,000 CAD
Apartments - FOR SALE
1/81
null | 7.42% Cap Rate
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122 5 St S
Lethbridge, AB T1J 2B2

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HIGHLIGHTS

  • Zoned C-D, supporting continued multifamily use and potential long-term adaptability.
  • Located in downtown Lethbridge with convenient access to shopping, dining, and essential services.

OVERVIEW

Mixed-use property in downtown Lethbridge featuring 27 residential and 7 retail units plus garage. Positioned on 0.14 acres with C-D zoning, it offers projected NOI of $372,000 and cap rate of 7.42%, providing a strong investment opportunity.

FOR SALE DETAILS

PRICE

$4,600,000 CAD

PRICE/SF

$278 CAD /SF

# OF UNITS

27

PRICE/UNIT

$170,370

CAP RATE

7.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C-D

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Doug MereskaAvison YoungMore Info
403-942-0064

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Doug MereskaAvison YoungMore Info
403-942-0064

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