Map of Property

Northview Apartments

1001-13th Street, Cold Lake, AB T9M 1J2

  • For Sale $2,200,000
  • Property Type Multi-Family
  • Property Size 20,000 SF
  • Units 23
  • Lot Size 32,400 SF
  • Year Built 1981
  • Date Updated Mar 28, 2024

Northview Apartments, a prime investment opportunity nestled in the heart of Cold Lake, Alberta. This well-maintained 23-unit apartment complex offers a diverse suite mix catering to various tenant needs, including bachelor, one, two, and three-bedroom units. Built in 1981 on a spacious lot spanning 32,400 square feet, the property boasts a favorable zoning designation of R4, ensuring flexibility for future development or expansion. With an attractive list price of under $100,000 per door, Northview Apartments presents investors with the potential to achieve a robust CAP rate exceeding 7.5%. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a lucrative opportunity, Northview Apartments offers the ideal combination of affordability, income potential, and value appreciation in the thriving Cold Lake market. Don't miss your chance to capitalize on this promising investment—secure your future with Northview Apartments today.

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Contacts

broker

Chris Davies Is this you?

RE/MAX Commercial Capital

(780) 757-1010

broker

Luke Gervais Is this you?

RE/MAX Commercial Capital

(780) 757-1010

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent

  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cold Lake, AB
  • Neighborhood Cold Lake
  • Postal Code T9M 1J2

Points of Interest

  • Esso

    0.19 miles

  • Esso

    1.01 miles

  • Husky Market Wand Wash & RV Wash

    3.17 miles

  • Cold Lake Esso & Car Wash

    3.21 miles

  • No Frills

    3.35 miles

  • Petro-Canada

    3.51 miles

  • Petro-Pass Truck Stop

    3.81 miles

  • Fas Gas

    3.83 miles

  • Shell

    3.95 miles

  • Co-op Cardlock

    4.04 miles

  • Cold Lake Staging Area

    3.86 miles

  • Dockside Inn

    0.25 miles

  • Kings Court Motel

    2.84 miles

  • New Imperial Inn

    2.96 miles

  • Airway Motel

    3.12 miles

  • El Lobo Motel

    3.21 miles

  • Lakeland Inn

    3.25 miles

  • Best Western Cold Lake Inn

    3.65 miles

  • Holiday Inn Express & Suites Cold Lake

    3.75 miles

  • Western Budget Motel

    3.87 miles

  • Ramada Cold Lake

    4.10 miles

  • Water's Edge Restaurant

    0.41 miles

  • Pizza Hut

    2.33 miles

  • KFC

    3.62 miles

  • Subway

    3.65 miles

  • A&W

    3.67 miles

  • Dairy Queen

    3.82 miles

  • Taco Time

    3.87 miles

  • Wok Box

    3.88 miles

  • Boston Pizza

    3.92 miles

  • Humpty's

    3.97 miles

  • St. Dominic School

    0.47 miles

  • Cold Lake Elementary School

    0.54 miles

  • Nelson Heights Middle School

    0.62 miles

  • Cold Lake High School

    1.34 miles

  • Portage College

    1.38 miles

  • École Voyageur

    1.96 miles

  • Holy Cross Elementary School

    3.29 miles

  • North Star Elementary School

    3.65 miles

  • Assumption Junior-Senior High School

    3.76 miles

  • Cold Lake Off Campus School

    3.81 miles

Frequently Asked Questions

What is the lease rate for Northview Apartments?

Rental asking rate at Northview Apartments is $1,100,000.00/YR.

What is the total square footage of Northview Apartments?

Northview Apartments totals 20,000 square feet.

When was this property built?

Northview Apartments was built in 1981.

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