1426 23 Avenue NW, Calgary, Alberta, T2K 1M5
1426 23 Avenue NW, Calgary, Alberta, T2K 1M5
Capitol Hill, Calgary
- $18,000,000
- $18,000,000
- A2284605
- 32507.00
- 0.75
- 2020
Property Description
Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary’s mature, inner-city Capitol Hill community.
For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).
Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation.
The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers.
Property Details
-
Property Type Row/Townhouse, Multi-Family
-
MLS Number A2284605
-
Property Size 32507.00 sqft
-
Garage 1
-
Year Built 2020
-
Property Status Active
-
Parking 24
-
Brokerage name Real Broker
Features & Amenities
- 2 Storey
- Asphalt Shingle
- Central Air
- Circulating
- Double Vanity
- Forced Air
- Gas
- Gas Stove
- Kitchen Island
- Living Room
- Natural Gas
- Open Floorplan
- Park
- Playground
- Pond
- Private Entrance
- Quartz Counters
- Refrigerator
- Schools Nearby
- Shopping Nearby
- Single Garage Attached
- Soaking Tub
- Vaulted Ceiling s
- Walking Bike Paths
- Washer Dryer
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