Quick Summary
Quick Summary
- Lucrative 3-plex with 17 beds and 17 baths
- Suitable for CMHC MLI SELECT program
- Layouts ideal for university student tenants
- Projected $141,600 annual gross rent and 5% cap rate
- Fully finished with all appliances and landscaping
- Walkable to LRT station, 2 stops from University
- Estimated completion in Summer 2025
University property investor! one of the kind: 3plex total 5 units: 17 beds + 17 baths + 3 half baths. This property is suitable for the CMHC MLI SELECT PROGRAM. Layouts are perfect for university students. The property is projected to generate approximately $141,600 in annual gross rent and cap rate of 5%. Fully finished and equipped... Show More
University property investor! one of the kind: 3plex total 5 units: 17 beds + 17 baths + 3 half baths. This property is suitable for the CMHC MLI SELECT PROGRAM. Layouts are perfect for university students. The property is projected to generate approximately $141,600 in annual gross rent and cap rate of 5%. Fully finished and equipped with all appliances and landscaping. Walk to train (LRT) station and 2 stops to University of Alberta. The project is estimated to be completed in the Summer 2025. Photos are 3D rendering for illustration purpose only. (id:54626)
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