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. Photos are 3D rendering for illustration purpose only. (id:54626)
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