Specializing in investment property since 1975. Apartment Building Sales.

Sale Listings (9 Units or More)

Highland Park 11 Suites $1,842,500

Available

HIGHLAND MANOR 3908 Center St. NE List Price $1,842,500 $167,500/door 10 - 1BR, 1 - 2BR. The building shows extremely well with very good curb appeal. This is a building that a buyer can take over and start to manage. There is no deferred maintenance. Highland Manor will be a short walk to the future Calgary Transit "Green Line " LRT station. In 2016 - all windows and patio doors replaced. Expenses used in the attached proforma are the "stablized expenses". Please note owners expenses are lower.

BROOKS PLAZA Strip Mall

Available

BROOKS PLAZA 1308 2A West Brooks Alberta. List Price $3,190,000. 1979 - FEATURES - Brick and Concrete construction, land area 1.54 acres, rentable area 17,589 sf, 98 uncovered parking, paved parking lot, roof replaced in 2005, HVAC replaced in 2005, FINANCIALS - NOI $212,959 , AVG RENT - $13.291/sf, OP COSTS $3.88/sf. BROOKS ALBERTA - Brooks is located approximately 2 hours east of Calgary on the TransCanada Highway and 1 hr west of Medicine Hat. It is the service centre for oil and gas, manufacturing, agriculture, food processing retail and construction.

regal TERRACE / RENFREW 802 4th St NE 10 Suites $1,975,000

Available

10 Suites in Regal Terrrace/Renfrew . $1,975,000 802 4th St NE 2 - Bachelors 8 - 1BR. Excellent location in Renfrew. New boiler and hot water tank August 2022. Easy access to the Downtown core, close to many restaurants and shops. Solid building with great upside after cosmetic repairs. 3 Units have extensive upgrades and other units are waiting to be transformed after any long term tenant moves. This is an MC-2 zoned site and current building is under developed for the zoning. There is an 11th unit in the lower level that can be redecorated and rented.

Lower Mount Royal 1 Bach, 6 -1BR, 2 2 - BR $1,521,000

Available

The KODIAK - 921 19th Ave SW. List Price $1,521,000. Kodiak is a well maintained 9 suite apartment building with a brick exterior. 1 Bachelor, 6 1-BR, 2 -2BR. Great location with a short walk to the shops and services on 17th Ave SW. The current owner has kept the building in excellent condition. The Kodiak can achieve market rents very quickly with a new hands owner . This property, with this quality, in this location can easily achieve the projected rents. Offers subject to viewing.

MISSION 20 units - 16 1BR, 4 2BR $3,750,000

Available

329 18 Ave. S.W. List Price $3,750,000.00. Excellent location in Misson SW Calgary, steps away from great entertainment, restauraunts and beautiful walking areas. Many consider Mission to be the best rental area in Calgary. A solid concrete building, wrapped in a brick exterior. This is a well maintained property. There is full surface parking at the rear and13 units have a balcony.

OLDS ALBERTA 1 Bach 11 1BR

Available

5114 46th Ave OLDS ALBERTA. 12 Units 1-Bach (approx 425 sf) 11 2BR (aprox 725 sf). This is a well maintained building with many cosmetic upgrades to bathrooms kitchens, etc. Roof and mechanical are in excellent condition. Professionally managed and very well tenanted. This building is very well located in Olds with a waiting list for tenants hoping to live in the building. Beautiful apartment buildings of this size and unit mix are rare and provide a wonderful opportunity to have outstanding cash flow in the future when the tenants have paid off the mortgage.

BANKVIEW 12 fully renovated 1BR Suites

Pending

STONESET 1821 17 St SW List Price $2,394,000. STONESET is in an excellent location in the SW inner-city community of Bankview. 11- 1 BR suites. 1 Bachelor . Recent (End of MAY 2021) upgrades include new sound proofing, new insulation, new windows, new wiring, new plumbing, new heating system, new kitchens, new bathrooms, new flooring with a very tasteful decor throughout. This is a a must see turn key long term investment
Please check with Mike regarding possibility of viewing common areas, mechanical and any suites that may be vacant
CONTACT

SUNDRE ALBERTA 12 units with condo title

Pending

129 Centre St S SUNDRE Alberta. This is the sale of units 1-12 inclusive in Condominium Plan 9912029. 12 Units 1-Bach 11 2BR .This is a well maintained building with many cosmetic upgrades to bathrooms kitchens, etc. Roof and mechanical in excellent condition. Professionally managed and very well tenanted. This building is very well situated in Sundre with a waiting list for tenants hoping to live in the building.

Lower Mount Royal Mixed Use Building 1235 17th Ave SW

Sold

VISTA SKYLINE 1235 17 AVE. SW. EXISTING 48 1 BR Residential, 2nd and 3rd Floor Office, Main Level Retail.

KILLARNEY 2206 30 St SW 22 Condo Units 1 Bach, 8 - 1 BR, 10 3 - BR

Sold

KILLARNEY MEWS 2206 30 St SW. 22 2 storey units with condo title . SUITE MIX: Bach 1, 1BR - 8, 2BR - 10, 3BR - 3.

Bowness 4503 73rd St NW 17 Units 17 - 1BR, 2 - 2 BR, SOLD $$2,241,000 Jul 2022

Sold

4503 73rd St NW 17* - 1 BR units in Bowness (originally built as 14 units ). There were 3 units added in the early 1980's. SOLD $2,241,000.00 Jun 2022

BELTLINE- 13 1 BR units

Sold

603 13 Ave SW 13 1 BR apartments in the BELTLINE. All units are above grade on the second and third floor. 15 parking stalls, 12 of which are covered. This is a concrete building with extensive upgrades over the years. There is a laundry room and storage lockers for each unit on the second floor. There is additional building storage rooms on the 2nd and 3rd floors. All units have tile and laminate floor coverings with kitchens and bathrooms upgraded over the past 15 years. This is an excellent, secure inner city building.