Taber Apartment Buildings for Sale

Taber Apartment Building for Sale

5315 38 Av

Taber, AB T1G 1N4

Multifamily for Sale
$4,100,000 CAD
24,024 SF

Taber Multifamily for Sale

This three-storey, 29-unit walk-up apartment building offers a strong investment opportunity in the growing community of Taber. Constructed in 1980 and extensively renovated, the property is in excellent condition and designed for long-term durability and tenant appeal. The suite mix includes 11 one-bedroom and 18 two-bedroom apartments, each featuring a living room, dining area, kitchen, storage and linen closets, and a four-piece bathroom. Above-grade units enjoy private balconies with sliding patio doors, while common areas include concrete BBQ patios for resident use. The grounds are thoughtfully landscaped with mature trees, in-ground sprinklers, and perimeter fencing, complemented by concrete walks, drives, and parking areas. Residents benefit from 56 energized parking stalls and well-maintained outdoor spaces that enhance curb appeal. Recent upgrades include a new torch on roof and a new ventilation system installed in 2016, ensuring efficient building performance. Heating is provided through hot water baseboard systems, supported by 400-amp electrical service, separate meters, hot water tanks, and a forced-air furnace for pressurized hallways. Additional income is generated through on-site laundry facilities, averaging approximately $45 per unit per month. With its combination of modernized infrastructure, established landscaping, and proven revenue stream, this property represents a compelling multi-family investment in a stable and desirable market.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-12-04

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Apartment Buildings for Sale in Taber

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How many apartment buildings are available for sale in Taber?

There are currently 1 apartment buildings available for sale in Taber, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in Taber?

The average size of apartment buildings available for sale in Taber is about 24,024 SF. The largest apartment buildings available to buy is 24,024 SF and the smallest is 24,024 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for apartment buildings in Taber?

The average market cap rate for apartment buildings for sale is about 4.51% based on data provided in Taber. Learn more about how cap rates are calculated.

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