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$1,250,000 · Portfolio of 3 Highrise Revenue Apartments on the Bow River in Calgary

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  • # of Bedrooms3
  • # of Bathrooms2
  • Square Footage1037

Unique Investment Opportunity in Calgary FOR SALE : 3 Apartment Portfolio in the much sought after , Resort Inspired , Riverside Towers in Point Mckay , NW Calgary The Riverside Towers Complex is comprised of 2 Towers of 20 floors each . It is a +18 Adult Condominium Complex with Concrete and Steel solid construction , on the banks of the Bow River in Calgary , Alberta , along the 48 km long Bow River Pathway System and near the U of C , Foothills and Children's Hospitals It is attached to Unique , World Class Recreational Facilities , with Indoor and Outdoor Tennis Courts , Indoor Golf Range and Putting Green , a Therapeutic Indoor Heated Salt Water Swimming Pool , a Whirlpool , Steam Rooms ,   Zumba , Yoga and Full Cardio and Gym facilities . Please Google Riverside Gym and Riverside Golf Center and Riverside Spa , for more information . There are also numerous amenities in the complex , like Dental , Vision , Sports Therapy , Hair and Nail Salons , Spas , Family Doctors etc Net ROI = 4 % at present ( was 3.67 % last year ) Asking Only U.S. $ 925,000 Firm ( Cdn $ 1,250,000 ) for the Portfolio . There is a strong possibility of doubling your investment within the next few years The first 2 units are 2 Bedrooms with walk in closets , 1.5 Bathrooms , Underground Parking and a Balcony each , one is on the 4th floor with River Views and one is on the 7th floor with City and Skyline Views , whereas the 3rd unit has 2 Beds + Office , Walk in Closet , 2 Full Bathrooms , Central Air Conditioning , Underground Parking and a Balcony and it's steps away from the Recreational Complex's Internal Tower Entrance , off the 2nd Floor All 3 units are very low maintenance and have always been occupied by fully vetted Tenants and are on staggered 1 yr Fixed Tenancy Leases Please enquire with your full Name and Phone Contact

Ad #
40338669
Posted
September 26, 2023
Renewed
November 28, 2023
Expiry
December 28, 2023
Status
EXPIRED
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