14 Unit Apartment Camrose Portfolio 5014 53 St 14 Unit Apartment Building $1,896,478 USD ($135,463 USD/Unit) Camrose, AB T4V 1Z3

Introducing an exceptional investment opportunity in Camrose, Alberta: a 14-unit apartment portfolio comprising two distinct buildings. This portfolio offers a combination of new construction and established properties, ensuring a diverse and robust investment.
1. 8-Unit Building
• Cap Rate: 5.75%
• Asking Price: $1,399,816
• Price per Door: $174,977
This mid-sized property features 8 well-maintained units with a strong cap rate of 5.75%. It provides a lower entry point into the Camrose market while delivering solid returns. The building is ideal for investors looking for a property with manageable size and high-yield potential.
2. 6-Unit Building
• Cap Rate: 5.75%
• Asking Price: $1,247,515
• Price per Door: $207,919
The smallest property in the portfolio, this 6-unit building offers a competitive cap rate and a modest asking price. It is perfect for investors seeking to diversify their portfolio with a low-maintenance, high-return property. The building is situated in a desirable area, ensuring consistent tenant interest and occupancy.
Each property within this portfolio is strategically located in Camrose, a city known for its strong economic fundamentals and growing rental market. The diverse unit sizes and competitive pricing provide flexibility and broad tenant appeal, ensuring steady rental income and occupancy.