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1309 12th Ave SW 11 Unit Apartment Building $3,200,000 CAD ($290,909 CAD/Unit) 4% Cap Rate Calgary, AB T3C 0P6
Investment Highlights
- Well maintained.
- Income generating property.
- Located in the beltline area.
Executive Summary
Builders Investors , here is the opportunity to purchase a generating income , 11 suite apartment of large 1 bedrooms, very well taking care of all thru the years , Brick facing building is to desired for , this lot and building of 6500 sq.ft. land use CC-MXH FAR OF 5 FAR COUD BE INCREASED TO 9 FAR WITH APPROVAL FROM CITY PLANNING DEPARTMENT. Great location in BELTLINE .Take advantage of Calgary’s growing population, young, entrepreneurial vibe, and rapidly evolving cityscape.
Property Facts
| Price | $3,200,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $290,909 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4% | Building Size | 6,500 SF |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | ||
| Zoning | CC-MHX - Centre City Multi-Residential High Rise Support | ||
| Price | $3,200,000 CAD |
| Price Per Unit | $290,909 CAD |
| Sale Type | Investment |
| Cap Rate | 4% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,500 SF |
| No. Stories | 3 |
| Year Built | 1957 |
| Zoning | CC-MHX - Centre City Multi-Residential High Rise Support |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (98)
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