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14 Unit Apartment Camrose Portfolio 5014 53 St 6 Unit Apartment Building $921,348 USD ($153,558 USD/Unit) 5.48% Cap Rate Camrose, AB T4V 1Z3
Executive Summary
6-Unit Building
• Cap Rate: 5.75%
• Asking Price: $1,247,515
• Price per Door: $207,919
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.
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.
• Cap Rate: 5.75%
• Asking Price: $1,247,515
• Price per Door: $207,919
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.
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.
Property Facts
| Price | $921,348 USD | Apartment Style | Low-Rise |
| Price Per Unit | $153,558 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.67 AC |
| Cap Rate | 5.48% | Building Size | 4,363 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | ||
| Zoning | R3 - Medium Density Residential District | ||
| Price | $921,348 USD |
| Price Per Unit | $153,558 USD |
| Sale Type | Investment |
| Cap Rate | 5.48% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 4,363 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | R3 - Medium Density Residential District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
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Videos
Matterport 3D Exterior
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Map
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14 Unit Apartment Camrose Portfolio | 5014 53 St
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