Nathan Legg Phone: 604-697-3055 Email: [email protected]
For questions about municipal activities such as zoning, land-use, permits, incentives
Reg Johnston, Manager of Economic Development, Town of Drumheller 403-823-1316 | [email protected] https://www.drumheller.ca/
For questions about government programs and investing in Alberta Email: [email protected]
Overview See Full Listing
Building Overview

SOLD

CDN GLOBAL ADVISORS LTD. is pleased to present investors the opportunity to acquire two secured-rental apartment buildings (one 20-unit and one 29-unit); Quadra Manor & Juniper Manor, located in the growing community of Drumheller, AB.

 

Wonderfully positioned around all major amenities, both buildings provide interested groups the opportunity to deploy various capex strategies throughout the buildings. With current rents below market; approximately $100-$200 below, coupled with consistent tenant turnover and the current upward pressure on rents, this provides investors a clear path to income and investment yield growth.

 

Dedicated Property Management company and on-site caretaker in place.

 

The properties are being offered for sale with a formal asking price of $4,000,000. All interested parties are encouraged to execute and return a confidentiality agreement to gain access to our data room.

 

Offers will be reviewed as they are received. All interested groups, please contact the listing agents at your earliest convenience for offer submission guidelines. 

 

Details
Available Space: 9828ft²
Price: $2,370,000
Location Street Address: 990 12 Avenue Southeast
Additional Rent: 0.0
Space Construction Status: Existing
Space Year Built: 1977
Space Zoning: Neighborhood District (ND)
Lot Size Units: SF
Space Types: Multifamily
Total Floors: 3
Building Size Sf: 9828
Building Name: Juniper Manor
Property Types: Multifamily
Property Construction Status: Existing
Property Year Built: 1977
Property Zoning: Neighborhood District (ND)

Brochure(s)
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 9 - Less than 1 km (High Load Corridor)
  • Highway 10 - Less than 1 km
  • Highway 575 - 1.38 km
  • Highway 576 - 2.22 km
  • Highway 838 - 2.36 km
Nearest hospital:
  • Drumheller Health Centre - 2.75 km
Nearest airports:
  • International: Calgary International Airport - 98.15km
Nearest Historic Site
  • Historic site designation: 5a
  • HRV(5): high potential to contain a historic resource
  • Category (a): archaeological
Nearest powerlines:
  • ATCO - 6L56 72kv - 2.45 km
Nearest substations:
  • MICHICHI CREEK - 802S , ATCO - 5.94 km
Nearest irrigation systems:
  • Within 45.2 km
Nearest railways:
  • Canadian National, Class : Main - 0.45 km
Nearest gas franchise area:
  • Apex & Big Country Gas Co-op - Town Of Drumheller
Nearest Power Plant:
  • Michichi Creek (MCH1), Concord Drumheller Partnership - 2.42 km
    Solar, 14 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Grain CN Equity Grain Terminal Cargill Ltd.
  • Grain
50.26 KM
Grain CN Trochu Grain Terminal Viterra Inc.
  • Grain
53.59 KM
Grain CP Long Plain Paterson Grain
  • Grain
69.45 KM
Yard CP Bassano Yard Canadian Pacific
75.82 KM
Grain CN Huxley Grain Terminal GrainsConnect Canada
  • Grain
63.23 KM
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Drumheller, AB
...
Drumheller is home to the popular Royal Tyrrell Museum.
...
Two high load corridors pass through Drumheller.
...
Drumheller's workforce is specialized in Public Administration and Arts, Entertainment, and Recreation.
Community Economic Details: Drumheller, AB
Click on a tile to open the indicator page and view more details.
See Regional Profile
Site Data Provided by:
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