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3419 & 3421 Cascade Road NW 2 Multifamily Properties Offered at $2,600,000 CAD in Calgary, AB
Investment Highlights
- High End Improvements
- Fully Furnished
Executive Summary
The portfolio consists of two duplex buildings, each comprising two legally separate sides. Building A and Building B can be sold separately. Building B 3419 & 3421 Cascade Road NW Sold together. Combined Annual NOI: $168,000. Purchase Price: $2,600,000.
Annual Rental Income: $168,000 Lease Term: May 2030 Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses Hands-Off Ownership: Minimal landlord responsibilities v Stable income v Non-profit, property-tax-exempt tenant v Reduced operating risk v Predictable returns v Low management burden
Annual Rental Income: $168,000 Lease Term: May 2030 Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses Hands-Off Ownership: Minimal landlord responsibilities v Stable income v Non-profit, property-tax-exempt tenant v Reduced operating risk v Predictable returns v Low management burden
Property Facts
| Price | $2,600,000 CAD | Status | Active |
| Price / SF | $185.71 CAD / SF | Number of Properties | 2 |
| Cap Rate | 5.92% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,000 SF |
| Price | $2,600,000 CAD |
| Price / SF | $185.71 CAD / SF |
| Cap Rate | 5.92% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,000 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building B
3419 Cascade Rd NW, Calgary, AB T2M 4K2 |
Multifamily | 7,000 SF | 2019 | - |
|
Building B
3421 Cascade Rd NW, Calgary, AB T2M 4K2 |
Multifamily | 7,000 SF | 2019 | - |
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3419 & 3421 Cascade Road NW
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