SOLD | MacDonald Apartments
Calgary, Alberta
Building
Stats
- Property Type Multifamily - Single Family Rental Portfolio
- Building size (SF) 4,246
- Size (Ac) 0.1
- Price $1,630,000 CAD
Overview
The MacDonald Apartments (also referred to as “Tom’s Place”) presents a unique value-add opportunity with strong potential for specialized multi-residential investors/operators. The Project Team is aware of the considerable challenges facing the property such as the age, location, unit mix, pending improvements, security needs, as well as current state of the property. Despite these challenges, we believe there is certainly potential for operators and investors with a specific vision in terms of repositioning this historical asset for optimal use and return.
Highlights
Walk-up apartment building
2 storeys + basement
Wood-frame with brick veneer & stucco
Bachelor - 9 units
1 bedroom - 6 units
Zoom
Team
Haig Basmadjian
Associate Vice President, Multifamily and Hospitality Investment Sales
Avison Young
+ 1 778 998 9187
Mason Thompson
Associate Vice President, Multi-Family Investment Sales
Avison Young
+1 403 975 4340
Haig Basmadjian
Associate Vice President, Multifamily and Hospitality Investment Sales
Avison Young
+ 1 778 998 9187
Mason Thompson
Associate Vice President, Multi-Family Investment Sales
Avison Young
+1 403 975 4340