Multi-Family
Year Built: 2020
Area: 32507 sqft
Fireplaces: 1
Car Parking: 24
1426 23 Avenue Nw Calgary, Alberta T2K 1M5
$18,000,000
Description
Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary’s mature, inner-city Capitol Hill community.For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers. (id:51913)
Property Details
| Amenities Near By : Park, Playground, Schools, Shopping |
| Features : Environmental Reserve |
| Parking Space Total : 24 |
| Plan : 1811614 |
| MLS® Number : A2284605 |
| Property Type : Multi-family |
| Community Name : Capitol Hill |
Building
| Appliances : Refrigerator, Gas Stove(s), Washer & Dryer |
| Basement Type : None |
| Constructed Date : 2020 |
| Construction Style Attachment : Attached |
| Cooling Type : Central Air Conditioning |
| Exterior Finish : Brick, Metal |
| Fireplace Present : Yes |
| Fireplace Total : 1 |
| Flooring Type : Carpeted, Tile, Vinyl Plank |
| Foundation Type : Poured Concrete |
| Heating Fuel : Natural Gas |
| Heating Type : Forced Air |
| Stories Total : 2 |
| Size Interior : 32507 Sqft |
| Total Finished Area : 32507 Sqft |
| Type : Multi-family |
| Utility Water : Municipal Water |
Land
| Size Total : 3020 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Size Total Text : 3020 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Acreage : No |
| Land Amenities : Park, Playground, Schools, Shopping |
| Sewer : Municipal Sewage System |
| Size Irregular : 3020.00 |
| Zoning Description : M-cg D89 |
Map
Agents and Offices
- Sano Stante
- Office: Real Broker
