1/5121 Broadway Avenue E, Redcliff
121 Broadway Avenue E, Redcliff, AB T0J2P0
$599,000 total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
90%
Year Built
1973
Lot Size
0.0878099173553719 ac
About this property
Great apartment located in the center of Redcliff. 4 units, 2 - 2 bedroom and 2 - 3 bedroom. All units have a fridge and stove, one unit has a dishwasher. A 3 vehicle carport and a single garage are attached, street parking is also available. Above the carport is a nice deck for the tenants to use. Coin operated laundry is located in the basement which is also the location of the hot water tanks and furnaces. Newer roof and Unit 3 has new cupboards and stove. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$23K
Annual cash flow
$-10K
Cash-on-cash
-5.65%
DSCR
0.69
Going-in cap
3.85%
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.
Area demographics
Trade area within 3 miles of the property.
Population
130,940
Households
48,110
Median income
$134,500
Median age
36.2
Daytime population
112,507
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 121 Broadway Avenue E, Redcliff.
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.