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More details for 5014 53 St, Camrose, AB - Multifamily for Sale

14 Unit Apartment Camrose Portfolio - 5014 53 St

Camrose, AB T4V 1Z3

Multifamily for Sale
$2,647,331 CAD
4,363 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Camrose Multifamily for Sale

Introducing an exceptional investment opportunity in Camrose, Alberta: a 14-unit apartment portfolio comprising two distinct buildings. This portfolio offers a combination of new construction and established properties, ensuring a diverse and robust investment. 1. 8-Unit Building • Cap Rate: 5.75% • Asking Price: $1,399,816 • Price per Door: $174,977 This mid-sized property features 8 well-maintained units with a strong cap rate of 5.75%. It provides a lower entry point into the Camrose market while delivering solid returns. The building is ideal for investors looking for a property with manageable size and high-yield potential. 2. 6-Unit Building • Cap Rate: 5.75% • Asking Price: $1,247,515 • Price per Door: $207,919 The smallest property in the portfolio, 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. Each property within this portfolio is 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.