
Aspen Courts | 5117 44 St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you

Your email has been sent!
Aspen Courts 5117 44 St
42 Unit Apartment Building $2,193,761 USD ($52,232 USD/Unit) 7.06% Cap Rate High Prairi, AB T0G 1E0



INVESTMENT HIGHLIGHTS
- Excellent location
- Suite-level renovations
EXECUTIVE SUMMARY
Aspen Court is a 42 unit apartment complex of bachelor, one and two-bedroom units on 3 levels. This building has been well cared for with most suites being renovated on turnover over the last 7 or 8 years including new appliances and LVP floors. In addition to the suite-level renovations a substantial amount of capital work and a lot of CAPEX work has been completed.
PROPERTY FACTS
Price | $2,193,761 USD | Apartment Style | Low-Rise |
Price Per Unit | $52,232 USD | Building Class | C |
Sale Type | Investment | Lot Size | 0.87 AC |
Cap Rate | 7.06% | Building Size | 24,709 SF |
No. Units | 42 | Average Occupancy | 81% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 2000 |
Price | $2,193,761 USD |
Price Per Unit | $52,232 USD |
Sale Type | Investment |
Cap Rate | 7.06% |
No. Units | 42 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.87 AC |
Building Size | 24,709 SF |
Average Occupancy | 81% |
No. Stories | 3 |
Year Built | 2000 |
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Freezer
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 2 | - | - |
1+1 | 33 | - | - |
2+1 | 7 | - | - |
1 of 1
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by

Aspen Courts | 5117 44 St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.