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Tamarack Place 6801 50 Ave

63 Unit Apartment Building $11,149,308 USD ($176,973 USD/Unit) 6% Cap Rate Camrose, AB T4V 5G3

Apartment Buildings Alberta Camrose 6801 50 Ave, Camrose, AB T4V 5G3

Investment Highlights

  • furnished main floor social room with lounge, and a guest suite.
  • Within walking distance is the Cornerstones Shopping Centre
  • Parking is surface and paved.

Executive Summary

Tamarack Place is a sixty-three suite apartment building located at 6801 – 50Avenue in Camrose, Alberta. It is a four storey walk-up, wood-frame construction building with balconies. The building features an elevator, as well as a furnished main floor social room with lounge, and a guest suite. Parking is surface and paved. The suite mix is 63 two-bedroom suites. There are eight different suite layouts, and they range in size from 852 Sq. Ft. – 943 Sq. Ft.

Property Facts

Price $11,149,308 USD Apartment Style Mid Rise
Price Per Unit $176,973 USD Building Class B
Sale Type Investment Lot Size 1.71 AC
Cap Rate 6% Building Size 74,488 SF
No. Units 63 No. Stories 4
Property Type Multifamily Year Built 2011
Property Subtype Apartment Parking Ratio 1.05/1,000 SF
Price $11,149,308 USD
Price Per Unit $176,973 USD
Sale Type Investment
Cap Rate 6%
No. Units 63
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 1.71 AC
Building Size 74,488 SF
No. Stories 4
Year Built 2011
Parking Ratio 1.05/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony

Site Amenities

  • Lounge

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 63 - 852 - 943
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zoning

Zoning Code R4
R4
(780) 278-0088

Contact

  • Listing ID: 32639438

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 6801 50 Ave, Camrose, AB T4V 5G3

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Tamarack Place | 6801 50 Ave
(780) 278-0088 x

Tamarack Place | 6801 50 Ave

David Parker

(780) 278-0088

(780) 278-0088

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