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4931 50A Av 12 Unit Apartment Building $766,520 USD ($63,877 USD/Unit) 7.54% Cap Rate Entwistle, AB T0E 0S0
INVESTMENT HIGHLIGHTS
- All plumbing and electrical is up to date
- Flat roof replaced in 2013
- Hot water tank replaced in 2019
EXECUTIVE SUMMARY
This three-story, wood-frame construction complex offers a well-maintained and updated living environment. The flat roof was replaced in 2013, and the building is equipped with a hot water heating system, with the hot water tank replaced in 2019. Three units have been recently renovated and feature new appliances, enhancing comfort and appeal. The upper units include balconies, while the lower units offer walk-out patios, providing desirable outdoor space for residents. All plumbing and electrical systems are up to date, ensuring safety and reliability. The property is self-managed, reflecting consistent oversight and care.
PROPERTY FACTS
| Price | $766,520 USD | Apartment Style | Low-Rise |
| Price Per Unit | $63,877 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.60 AC |
| Cap Rate | 7.54% | Building Size | 9,470 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 1.16/1,000 SF |
| Price | $766,520 USD |
| Price Per Unit | $63,877 USD |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 9,470 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Parking Ratio | 1.16/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 685 |
| 2+1 | 10 | - | 810 - 865 |
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4931 50A Av
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