1/225013 50 Avenue, Valleyview
5013 50 Avenue, Valleyview, AB T0H3N0
$210,000 total
1,459 SF
Asset Class
Specialty
Size
1,459 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$144
Occupancy
89%
Year Built
1958
Lot Size
0.14577594123048668 ac
About this property
The "Valleyview Rooming House". Located within the downtown area this property offers month-to-month single bedroom and shared common area accommodations. The main floor features four tenant rooms, a managers room and a storage room. On the second floor are six additional bedrooms. Common areas are present including a shared kitchen, laundry room and three full bathrooms. This type of property caters to workers and is maintained at a high level of occupancy with a well-established clientele. Call for mor information or to book a showing. (id:66811)
Financial sandbox
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Monthly debt service
$970
Projected NOI
$11K
Annual cash flow
$-190
Cash-on-cash
-0.30%
DSCR
0.98
Going-in cap
5.45%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 673 SF | 2030-04 |
| Aurora Legal LLP | 628 SF | 2030-04 |
Area demographics
Trade area within 3 miles of the property.
Population
123,935
Households
58,773
Median income
$101,500
Median age
45.2
Daytime population
208,957
5-yr growth
4.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5013 50 Avenue, Valleyview.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.