For questions about municipal activities such as zoning, land-use, permits, incentives
Patricia MacQuarrie, General Manager, Community Development, City of Camrose 780-678-3025 | [email protected] https://www.camrose.ca/invest
Overview
See Full Listing
Introducing an exceptional 6-Unit Building investment opportunity in Camrose, Alberta. • 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. The property 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.
Details
Available Space:
7354ft²
Price:
$1,247,515
Location Street Address:
5014 53 Street
Space Year Built:
2017
Space Year Renovated:
2022
Space Zoning:
R3 - Medium Density Residential District
Lot Size:
26520.0 SF
Lot Size Units:
SF
Space Types:
Multifamily
Suite Floor:
1
Total Floors:
1
Building Size Sf:
26520
Property Types:
Multifamily
Property Year Built:
2017
Property Year Renovated:
2022
Property Zoning:
R3 - Medium Density Residential District
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 833 - Less than 1 km
- Highway 13 - Less than 1 km
- Highway 13A - 2.88 km
- Highway 21 - 8.12 km (High Load Corridor)
- Highway 834 - 8.6 km (High Load Corridor)
Nearest hospital:
- St. Mary's Hospital - 1.01 km
Nearest airports:
- International: Edmonton International Airport - 59.32km
Nearest powerlines:
- AltaLink - 729L 138kv - 3.88 km
Nearest substations:
- EAST CAMROSE - 285S , AltaLink - 3.36 km
Nearest railways:
- Canadian Pacific, Class : Main - 0.12 km
Nearest gas franchise area:
- ATCO Gas - City Of Camrose
Nearest Power Plant:
-
Camrose (CRG1), Cargill Limited - 6.44 km
Cogeneration, 10 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 |
|---|---|---|---|---|
| Yard | CN Camrose Yard | Canadian National |
|
1.46 KM |
| Grain | CN Camrose Grain Terminal | Cargill Ltd. |
|
6.35 KM |
| Grain | CP Legacy Junction | Richardson Pioneer |
|
10.01 KM |
| Transload | CP Edmonton | Kleysen Group LP |
|
43.24 KM |
| Grain | CP Wetaskiwin | G3 Canada Ltd. |
|
38.44 KM |
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Camrose, AB
CN Camrose Yard rail terminal is located in Camrose.
St. Mary's Hospital is located in Camrose.
Camrose has many recreation facilities for activities like paddle boarding, cross country skiing, and hiking.
Community Economic Details: Camrose, AB
Click on a tile to open the indicator page and view more details.
| Site Data Provided by: |
|
| The information provided on property listing pages is sourced from third-party data providers. While we make every effort to ensure the accuracy of the information presented, we cannot guarantee its completeness or correctness. Users are advised to conduct their own due diligence and verify all details independently. The Government of Alberta, its agencies, and affiliates shall not be held liable for any inaccuracies or omissions in the property listings or for any actions taken in reliance on the information provided herein. Use of the information provided on property listing pages is at all times subject to the terms of the Disclaimer and Terms of Use. | |