1812 26 Avenue Southwest, Calgary, AB

Jennifer Apartments presents a compelling value-add investment opportunity in Calgary’s highly desirable Bankview community, one of the city’s most established inner-city neighbourhoods. Built in 1956, this 22-unit apartment building sits on an 11,934 SF site and offers a suite mix of 20 bachelor suites, 1 one-bedroom suite, and 1 non-conforming two-bedroom suite located in the lower level. The property is currently operating below market rents, presenting immediate upside for a new owner. The investment thesis centers on bringing in-place rents to market, activating ancillary revenue streams such as on-site coin-operated laundry and surface parking that are not currently being charged for, and unlocking the value of underutilized basement space. With straightforward operational upside and a location minutes from 17th Avenue SW, Marda Loop, and downtown Calgary, Jennifer Apartments offers an attractive entry point into one of Calgary’s strongest rental submarkets.