25 Unit Multifamily Property Investment 13104 Fort Rd NW 25 Unit Apartment Building $3,000,000 CAD ($120,000 CAD/Unit) 4.10% Cap Rate Edmonton, AB T5A 1B9
INVESTMENT HIGHLIGHTS
- 25 Units
- Upside Potential - Some suites have been renovated, with opportunities to enhance remaining units and increase rents.
- Upgrades - New roof and boiler, reducing major capital expenditure needs.
EXECUTIVE SUMMARY
Discover a promising investment in the heart of Edmonton! This 25-unit multifamily property is your chance to enter or expand within one of Canada's most dynamic real estate markets. With a competitive price tag of $3 million, this property offers immediate income potential and the opportunity to unlock even greater value through strategic upgrades. Recent improvements, including a new roof and boiler, mean reduced upfront maintenance costs, while partially renovated suites provide room for further rent optimization. Don't miss this opportunity to capitalize on Edmonton's thriving rental market.
PROPERTY FACTS
| Price | $3,000,000 CAD |
| Price Per Unit | $120,000 CAD |
| Sale Type | Investment |
| Cap Rate | 4.10% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 19,875 SF |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 0.4/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Storage Space
1 of 1
Walk Score®
Very Walkable (70)
ZONING
| Zoning Code | RA7 (Low Rise Apartment) |
