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LIANG Commercial
Real Estate
Century 21 Bravo Realty
3009 - 23 St NE, Calgary, Alberta
P: 403-539-9980  F: 403-250-5339
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Listing Details

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Mihir Patel Alena Jin Jennie Penney Kaukab Saher Amy An
780-909-0970 403-869-7572 403-835-3695 403-968-5525 403-540-8803
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Data last updated 11:59 AM, December 18, 2017
$1,695,000

1820 17 ST SW   Calgary, Alberta

MLS®: C4139895
URL:    
Rarely does a turn-key, apartment building of this quality become available.  All you have to do is sign the paperwork and start cashing cheques.  Gross income is $113,580 with room to improve.  NOI is $76,203.  4.7 Cap Rate.  Your new 8 unit building is a solid concrete construction with brick exterior.  No post tension cables to be concerned about.   This one is almost all new.  Roof, boiler, hot water tank, and windows have all been recently replaced.   The suite mix is awesome with 5 spacious 2 bedroom units and 3 good sized one bedroom units.  All of the units have been completely renovated with new floors, kitchen, bathrooms, etc.  All suites also feature their own laundry.  Several suites have exceptional downtown views.  All of this leads to a building that attracts and retains high quality tenants.  The building is already condo titled which allows for some creative buying strategies and multiple exit strategies as well.  Don?t delay, this one is expected to sell quickly!
Rarely does a turn-key, apartment building of this quality become available. All you have to do is sign the paperwork and start cashing cheques. Gross income is $113,580 with room to improve. NOI is $76,203. 4.7 Cap Rate. Your new 8 unit building is a solid concrete construction with brick exterior. No post tension cables to be concerned about. This one is almost all new. Roof, boiler, hot water tank, and windows have all been recently replaced. The suite mix is awesome with 5 spacious 2 bedroom units and 3 good sized one bedroom units. All of the units have been completely renovated with new floors, kitchen, bathrooms, etc. All suites also feature their own laundry. Several suites have exceptional downtown views. All of this leads to a building that attracts and retains high quality tenants. The building is already condo titled which allows for some creative buying strategies and multiple exit strategies as well. Don?t delay, this one is expected to sell quickly!

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
Condo/HOA Fee:
$1.00
City:
Calgary
Neighbourhood:
Bankview
Area:
Calgary
Province:
Alberta
MLS® Number:
C4139895
Listing Price:
$1,695,000

General Information

Year Built:
1978
Transaction Type:
For Sale
Zoning/Land Use Code:
M-C2
Region:
Calgary
Tax Year:
2017
Subject Space SqFt:
8205
Total Square Feet:
8205ft2

Additional Information

Plan:
9510634

Other Information

Land Size Acres:
0.0000
Zoning/Land Use:
M-C2

Tagged As:

Multi-Family and Multi Unit Commercial Investment

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This property is listed by RE/MAX Rocky View Real Estate and provided here courtesy of LIANG Commercial
Real Estate. For more information or to schedule a viewing please contact LIANG Commercial
Real Estate.
LIANG Commercial
Real Estate
Century 21 Bravo Realty
Phone: 403-539-9980
Mobile Phone: 403-539-9980
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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