Beddington Heights Village_Propriété à vendre
Beddington Heights Village_Propriété à vendre
195 Bedridge Place Northeast, Calgary, AB, T3K 1M6, CA

Beddington Heights Village

Description de l'actif

Beddington Heights Village represents the opportunity to acquire 62 well-maintained rental townhouse suites in the vibrant community of Beddington Heights in northwest Calgary.


Beddington Heights Village (the “Property”, and/or “BHV”) is ideally positioned within a short drive to Calgary International Airport, University of Calgary, Alberta’s Children Hospital, and Nose Hill Park. The Property is within direct proximity to three retail developments, providing outstanding convenience and easy access for residents’ daily essential needs. In addition, the Property is close to an abundance of schools, green space, and arterial roadways.


The Property is being offered with no list price and no formal bid date. The Vendor reserves the right to call for offers at a future date.

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Attributs

Année de construction
1979
Nombre d'unités
62 unités
Superficie du terrain brute
2,53 ha
Zonage
M-CG d50

Média

Points forts de l'investissement

  • Calgary Multifamily Market on Fire: Alberta’s favorable economic conditions have helped attract the largest number of interprovincial migrations of any other province in 2023. 


  • Tenant Demand for Townhouses & Suburban Living: Townhouses are associated with a more suburban lifestyle, which can be appealing to tenants who prefer a quiet atmosphere, residential neighbourhoods, and a sense of community. 


  • Desirable, Amenity-Rich Location: The Property is ideally located within walking distance to an abundance of amenities including grocery stores, pharmacies, medical clinics, restaurants, banks, and more. In addition, the Property within walking distance to a variety of bus routes and benefits from easy access to arterial roadways such as Deerfoot Trail and Centre Street.


  • Opportunity to Grow Income: There is a rental rate upside available on new leases.


  • Value Add Opportunity: There are several opportunities to add value to the Property in order to push rental rates even further, as approximately 50% of the suites have not been recently renovated.


  • Condominium Conversion - Exit Strategy: Given the increased demand for affordable housing and appetite for homeownership in Calgary, suites at BHV could be sold individually to homeowners or investors. There is limited entitlement risk. 


  • Long-Term Redevelopment Opportunity: Rezoning the site and phasing redevelopment could extract significant additional value.
Beddington Heights Village 4_Propriété à vendre
Beddington Heights Village 4_Propriété à vendre

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Beddington Heights Village (0 Propriétés)
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Dernière mise à jour
22 avr. 2024