5014 53 St - Apartments FOR SALE


Camrose, AB T4V 1Z3
$1,247,515 CAD
587-844-0522
5014 53 St, Camrose, AB for Sale
$1,247,515 CAD
Apartments - FOR SALE
1/3
null | 5.48% Cap Rate

5014 53 St
Camrose, AB T4V 1Z3


OVERVIEW

6-Unit Building • Cap Rate: 5.75% • Asking Price: $1,247,515 • Price per Door: $207,919 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. 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.

FOR SALE DETAILS

PRICE

$1,247,515 CAD

PRICE/SF

$286 CAD /SF

# OF UNITS

6

PRICE/UNIT

$207,919

CAP RATE

5.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 Unit Apartment Camrose Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,342 SF

ZONING

R3

APN/PARCEL ID

973100

ASK ABOUT THIS PROPERTY

Chris DaviesHughes Commercial Realty GroupMore Info
587-844-0522

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Chris DaviesHughes Commercial Realty GroupMore Info
587-844-0522

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