Quick Summary
Quick Summary
- Spacious 4,382 sq ft multi-unit property
- Fully equipped with all appliances
- Convenient 2-minute walk to bus station
- Designed for university student rentals
- Projected annual gross rent of $115,200
- Attractive 4.6% capitalization rate
- Landscaped property with 2 single garages
- Estimated completion in 2025
University property investor! 3 Story Total 5 units 4382.4 sqft. with 14 beds & 14 baths. 3 story Front-back Duplex + 2 basement units (each 610 sqft.) + 1 garage suite (678 sqft.) & 2 single garage parkings. Financing available CMHC MLI. The project layouts are designed for university students rental. The property is projected to... Show More
University property investor! 3 Story Total 5 units 4382.4 sqft. with 14 beds & 14 baths. 3 story Front-back Duplex + 2 basement units (each 610 sqft.) + 1 garage suite (678 sqft.) & 2 single garage parkings. Financing available CMHC MLI. The project layouts are designed for university students rental. The property is projected to generate approximately $115,200 in annual gross rent and cap rate of 4.6%. Fully finished and equipped with all appliances and landscaping. 2 mins walk to bus station and directly to University of Alberta or to Southgate shopping center. The project is estimated to be completed in 2025. (id:54626)
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