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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:25325)
| MLS® Number | A2284605 |
| Property Type | Multi-family |
| Community Name | Capitol Hill |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Environmental Reserve |
| Parking Space Total | 24 |
| Plan | 1811614 |
| 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 |
| Attached Garage | 1 |
| 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 |
https://www.realtor.ca/real-estate/29346801/1426-23-avenue-nw-calgary-capitol-hill
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