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Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary’s mature, inner-city Capitol Hill community.For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers. (id:37074)
| MLS® Number | A2284605 |
| Property Type | Multi-family |
| Neigbourhood | Northwest Calgary |
| Community Name | Capitol Hill |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Environmental Reserve |
| Parking Space Total | 24 |
| Plan | 1811614 |
| Attached Garage | 1 |
| Appliances | Refrigerator, Gas Stove(s), Washer & Dryer |
| Basement Type | None |
| Constructed Date | 2020 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Metal |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Carpeted, Tile, Vinyl Plank |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 32,507 Ft2 |
| Total Finished Area | 32507 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Park, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 3020.00 |
| Size Total | 3020 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Size Total Text | 3020 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Zoning Description | M-cg D89 |
When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
