4503 73rd St NW - Apartments FOR SALE


Calgary, AB T3B 2M3- Suburban South
$3,450,000 CAD
403-861-5656
4503 73rd St NW, Calgary, AB for Sale
$3,450,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

4503 73rd St NW
Calgary, AB T3B 2M3
Suburban South


OVERVIEW

Exceptional opportunity to acquire a 17-unit multifamily building in the highly desirable community of Bowness. Situated on a large 65’ x 140’ corner lot, this property offers strong fundamentals and long-term upside in a prime location. The building consists of all one-bedroom units (17 total), providing a highly desirable and easy-to-manage rental mix. Originally constructed as a 14-unit building, an additional 3 suites were added in the lower level, optimizing the overall layout and revenue potential. Over the years, the property has benefited from numerous upgrades, including newer sliding doors on all units, cosmetic updates throughout many suites, and recently painted common areas, contributing to strong tenant appeal. The site features 14 parking stalls, adding convenience for tenants and enhancing overall functionality. With professional property management already in place, this is a true turnkey investment opportunity ideal for investors seeking a well-located, stabilized multifamily asset

FOR SALE DETAILS

PRICE

$3,450,000 CAD

PRICE/SF

$388 CAD /SF

# OF UNITS

17

PRICE/UNIT

$202,941

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rivercrest Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

M-C1

APN/PARCEL ID

040134900

ASK ABOUT THIS PROPERTY

Adil ThobaniThe Real Estate DistrictMore Info
403-861-5656

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Adil ThobaniThe Real Estate DistrictMore Info
403-861-5656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.