128-Unit Multifamily Investment Opportunity
Premium Residential & Commercial Asset
Investment Highlights & Financial Overview
- Purchase Price: $54,000,000
- Projected Gross Rental Income: $3.60M / Year
- Net Operating Income (NOI): $2.71M
- Cap Rate: 5.01%
- DSCR: 1.19
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Property & Asset Composition
The property offers a diversified income stream through a strategic mix of premium residential suites and dedicated commercial spaces.
- 128 Residential Units: Modern, high-demand residential suites ensuring consistent high occupancy rates.
- 1 Commercial Unit: A highly valuable, massive commercial space featuring one full house and a huge commercial day care. This provides an exceptional anchor tenant that naturally drives long-term residential retention.
High-Yield Multifamily & Commercial Asset Advantages
128 Modern Residential Suites
High-density, purpose-built residential units designed for modern living and minimal ongoing maintenance. The large scale provides a substantial, steady rental revenue base in high demand within the Edmonton market.
Commercial Daycare & Anchor Unit
Includes a massive commercial daycare space paired with an on-site full house unit. This high-value commercial anchor generates stable base income while locking in resident families long-term to virtually eliminate turnover.
Immediate $2.71M NOI & Cash Flow
Delivers an impressive $2.71 Million Net Operating Income (NOI) on $3.60 Million in Gross Annual Rental Income, backed by a solid 5.01% Cap Rate and a bank-grade 1.19 DSCR for immediate financial strength.
