Multifamily Properties for Sale in Calgary

Multifamily properties for sale in Calgary offer investors reliable rental income, strong appreciation, and long-term stability in one of Canada’s fastest-growing metropolitan markets. With consistent population inflows, a diversified economy, and supportive financing options such as CMHC and MLI Select, Calgary’s multifamily sector continues to outperform national averages. Investors can choose from duplexes, fourplexes, townhome clusters, and purpose-built apartment complexes across Calgary’s thriving inner-city and suburban areas.

Investing in multifamily real estate isn’t just about purchasing a property—it’s about building long-term wealth in a sector known for its resilience and income stability. Alberta’s strong market fundamentals, growing population, and investor-friendly policies make it an ideal environment for both new and seasoned investors. Whether you’re looking to acquire an existing apartment building, add a fourplex to your portfolio, or explore value-add opportunities, multifamily assets in Alberta continue to deliver solid returns and reliable cash flow potential.

All multifamily listings below are updated directly from the MLS® in real time, so you can explore the latest apartment buildings, fourplexes, and income properties as soon as they hit the market. Use the filters to analyze cap rates, compare locations, and save custom searches for future opportunities. You can also request detailed financials or schedule private tours to gain deeper insights into each property. Our experienced team provides the local market knowledge, data-driven analysis, and strategic guidance you need to make confident, well-informed investment decisions.

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📞 Call (587) 719-5523 or Get in touch today to schedule a private tour, discuss your investment goals, or request personalized advice on Alberta multifamily real estate opportunities.

Multifamily Properties for Sale in Calgary - Listings

Multifamily Properties for Sale in Calgary

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1-12/25
  • 822, 826, 830, 834 Wolf Willow Boulevard SE in Calgary: Wolf Willow 4 plex for sale : MLS®# A2236628

    822, 826, 830, 834 Wolf Willow Boulevard SE Wolf Willow Calgary T2X 5R5
    Main Photo: 822, 826, 830, 834 Wolf Willow Boulevard SE in Calgary: Wolf Willow 4 plex for sale : MLS®# A2236628
    $3,399,888
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236628
    Floor Area:
    6,352 sq. ft.
    MLI SELECT PROGRAM COMPLIANT | 8 UNITS | SHANE BUILT HOMES | 4 DOUBLE CAR GARAGES | ALL OF THE UNITS TENANTED ALREADY | 2 FULL DUPLEXES BESIDE EACH OTHER | 20 BEDROOMS & 16 BATH | Exceptionally rare opportunity to acquire four consecutive lots featuring two brand-new FULL duplexes, each with legal basement suites—for a total of 8 fully self-contained units. The owners bought these units through the MLI Select Program. The CMHC financing might be transferable (pending approval). Some of the units are already rented out. Located in the rapidly growing and nature-rich community of Wolf Willow, these turnkey properties offer an incredible investment opportunity with strong monthly cash flow potential. Each upper unit is thoughtfully designed with 3 spacious bedrooms, 2.5 bathrooms, a large family room, bonus room, and full-sized laundry. The kitchens feature quartz countertops, stainless steel appliances, and open to generous dining areas, mudrooms, and convenient half baths. Upstairs, the primary bedrooms offer walk-in closets and beautiful ensuites, while two additional bedrooms and a full bath complete the functional layout. The legal basement suites provide two bedrooms (one with a walk-in closet), full kitchens, spacious rec rooms, 4-piece bathrooms, laundry areas, utility rooms, and extra storage—each with a private entrance. Detached garages are included with each unit, enhancing tenant appeal and convenience. Each unit is separately metered. Nestled beside the scenic Bow River, Wolf Willow is known for its parks, walking trails, and peaceful natural surroundings, with easy access to Stoney Trail, Deerfoot Trail, and nearby amenities. This is a turn-key, high-cashflow property ideal for investors seeking stable returns and long-term value in a thriving Calgary community. More details
    Listed by Real Broker
    Mohit Dhilon
  • 1832 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2236306

    1832 17 Avenue NW Capitol Hill Calgary T2M 0S2
    Main Photo: 1832 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2236306
    $3,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236306
    Floor Area:
    4,462 sq. ft.
    Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary’s most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites and $1,450 for lower units Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary’s thriving rental market. More details
    Listed by CIR Realty
    Mohit Dhilon
  • 2311 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2251364

    2311 16 Street SW Bankview Calgary T2T 4E6
    Main Photo: 2311 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2251364
    $1,249,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2251364
    Floor Area:
    1,855 sq. ft.
    For more information, please click the "More Information" button. Seize the opportunity to own a fully tenanted multifamily fourplex in one of Calgary’s most desirable inner-city communities. This well-maintained property consists of two self-contained units, both fully leased, generating a combined rental income of $7,450 per month. Offering reliable cash flow from day one, this turnkey investment combines immediate returns with excellent long-term appreciation potential. Located in the vibrant Bankview neighbourhood, just minutes from downtown Calgary, the property provides exceptional convenience for tenants. Its prime inner-city location ensures quick commutes, excellent transit access, and close proximity to some of the city’s most popular lifestyle hubs, including Kensington, 17th Avenue SW, and Marda Loop. Bankview is known for its elevated city views, character-filled streets, and walkable community feel, making it a highly sought-after area for renters. The location offers quick access to major commuter routes, public transit, and a wealth of shopping, dining, and recreational amenities. More details
    Listed by Easy List Realty
    Mohit Dhilon
  • 6815 5 Street SW in Calgary: Kingsland 4 plex for sale : MLS®# A2251817

    6815 5 Street SW Kingsland Calgary T2V 1A9
    Main Photo: 6815 5 Street SW in Calgary: Kingsland 4 plex for sale : MLS®# A2251817
    $3,199,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2251817
    Floor Area:
    4,998 sq. ft.
    Massive 4plex for with 4 Legal Suites in the basement of each unit! Thats 8 total units for rent complete with 4 Garages making this a superior rental property. The basements have access to their own private entrances! Beautiful design and modern finishes make this one of the best looking 4 plexes in Calgary. City center location means its minutes to Rocky view Hospital, close to downtown, near Mount Royal University and right beside Chinook Center. Providing prime rentals to students, hospital staff and downtown professionals. Upper units come complete with 2 bathrooms, 3 bedrooms, living, dining rooms and large kitchens. The basements are impressive as well, their own separate entrance, TWO bedrooms, single bathroom and spacious living room with kitchen complete with 9 foot ceilings. This 8-unit property (4 townhomes each with a legal suite) may qualify for CMHC’s MLI Select program, which can offer financing with down payments starting as low as 5% and extended amortizations. Eligibility and terms subject to lender and CMHC approval. More details
    Listed by Century 21 Bravo Realty
    Mohit Dhilon
  • 1215 Danloe Street NE in Calgary: Renfrew Triplex for sale : MLS®# A2253384

    1215 Danloe Street NE Renfrew Calgary T2E 5E8
    Main Photo: 1215 Danloe Street NE in Calgary: Renfrew Triplex for sale : MLS®# A2253384
    $2,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2253384
    Floor Area:
    3,343 sq. ft.
    Park-front investment in the community of Renfrew, set directly across from Saverio Park. This purpose-built new triplex offers three townhome-style residences, each paired with a legal secondary suite—six self-contained homes designed for durable, diversified rental income. Bright upper homes feature open layouts with quartz countertops, stainless steel appliances, and hard-wearing luxury vinyl plank. The legal suites include private entries, full kitchens, in-suite laundry, and energy-efficient windows for comfortable, independent living—ideal for long-term tenants. In a quiet, walkable inner-city pocket, you’re moments to Renfrew amenities, nearby Bridgeland dining, transit, the Bow River pathways, downtown, SAIT, the University of Calgary, and major hospitals. Built for low operating costs with high-efficiency HVAC and low-maintenance exteriors, this project is crafted for long-term performance. Potential CMHC MLI Select financing (buyer to verify) can further enhance cash flow. A rare blend of location, quality, and rental strength—connect for details. More details
    Listed by MaxWell Canyon Creek
    Mohit Dhilon
  • 2817 & 2815 16 Avenue SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2260744

    2817 & 2815 16 Avenue SE Albert Park/Radisson Heights Calgary T2A 0M7
    Main Photo: 2817 & 2815 16 Avenue SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2260744
    $1,650,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2260744
    Floor Area:
    3,897 sq. ft.
    Start earning income from day one in this incredible turn-key investment opportunity! Two separately titled 2016-built 2-storey infills, both with their own legal, registered basement suite. Long-term leases are in place for all four suites with over $100,000 in gross annual income. Each upper suite offers 3 bedrooms, 2.5 baths, upper floor laundry, high ceilings, luxury finishings, open-concept living, gas fireplace, mud room and more. Each lower suite offers 2 beds, 1 bath, open-concept kitchen & living, separate laundry and storage. Each side has a fenced yard and double detached garage. Adjacent to the trendy neighbourhood of Inglewood, Albert Park is an up-and-coming community just FIVE MINUTES from downtown Calgary with its own MAX bus stop for easy access around the city. Access to the Bow River pathways, Valleyview Park, Pearce Estate Park, Inglewood Bird Sanctuary, Inglewood Golf Club and the Calgary Zoo give you incredible connection to nature. The YYC airport is a quick drive up Deerfoot Trail. With the option to Airbnb or long-term rent, the opportunities are endless. Please inquire for full lease details. *Interior photos are of 2817* More details
    Listed by Century 21 Bamber Realty LTD.
    Mohit Dhilon
  • 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2261929

    2371 20 Avenue NW Banff Trail Calgary T2M 4C9
    Main Photo: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2261929
    $3,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2261929
    Floor Area:
    5,752 sq. ft.
    Presenting an excellent opportunity to expand your investment portfolio close to the U of C! This BRAND NEW 8-plex is 100% complete and ready to rent! Located on a large 55x120 corner lot mere minutes from the University of Calgary and University C-Train station. The upper 2 storey units offer 1440 sq ft with 10' main floor ceilings, 9' and vaulted 2nd floor, a Primary bedroom with a 4 piece ensuite and walk-in closet, 2 more bedrooms, 4pc bathroom, powder room, living room, kitchen, dining room and laundry. Living room has built-in features, front and rear entrance and single garage parking. Lower units are 587 sq ft with 9' ceilings, 1 bedroom plus a flex room/den, living room, kitchen and laundry as well. Interiors will also have stainless steel appliances, QUARTZ counters and LVP floors with tiled bathrooms. The exterior is well presented with Hardie siding and stone accents, sidewalks front/rear, irrigation, window coverings, and nicely treed too! 4 single garages and 2 large indoor storage units complete this package. This build is eligible for CMHC Select financing, seperately titled and metered. Take advantage of Calgary's rental market in one of the most desireable locations with C-Train access, minutes to the University of Calgary, Foothills Hospital and 10 minutes to downtown. More details
    Listed by Century 21 Bamber Realty LTD.
    Mohit Dhilon
  • 7604 21A Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267496

    7604 21A Street SE Ogden Calgary T2C 0W2
    Main Photo: 7604 21A Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267496
    $2,790,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267496
    Floor Area:
    5,251 sq. ft.
    A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each lower suite enjoys its own private entrance, maximizing privacy, tenant appeal, and flexibility for leasing. Crafted with modern architecture and upscale finishes, this build stands out as one of the most impressive multi-family offerings in the SE corridor. Situated in the rapidly transforming community of Ogden, it offers quick access to major arteries including Glenmore Trail, Deerfoot Trail, Stoney Trail, industrial employment hubs, Quarry Park, downtown transit routes, schools, and amenities — making it an ideal, high-demand rental location. The upper units feature 3 bedrooms, 2 bathrooms, bright open-concept living and dining spaces, and contemporary kitchens with premium finishing throughout. The legal basement suites include 9' ceilings, 2 bedroom, 1 bathroom, and well-planned layouts for efficient and comfortable living. Built to a higher construction standard with thoughtful design, including a unique drive-in configuration for easy garage access, this 8-unit asset is also eligible for CMHC MLI-Select (subject to lender/CMHC approval), allowing potential reduced down payment and extended amortization options. A true turn-key multi-unit investment in a high-growth SE community — opportunities of this caliber are rarely available. Contact for full details. More details
    Listed by MaxWell Canyon Creek
    Mohit Dhilon
  • 433 53 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2268062

    433 53 Avenue SW Windsor Park Calgary T2V 0B8
    Main Photo: 433 53 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2268062
    $2,999,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2268062
    Floor Area:
    4,976 sq. ft.
    A rare opportunity to own a brand-new 4plex with 4 legal basement suites — a total of 8 self-contained units combining modern design, exceptional construction quality, and unbeatable inner-city convenience. Located in the desirable community of Windsor Park, just steps from Chinook Centre, Britannia Plaza, schools, and major transit routes, this property offers a premium investment opportunity with strong rental demand. Each upper unit features 3 bedrooms, 2.5 bathrooms, and an open-concept main floor with designer kitchens, quartz countertops, and luxury vinyl plank flooring. The legal basement suites include 9-ft ceilings, 2 bedroom, 1 bathroom, and bright, functional layouts with private side entrances — ideal for maximizing rental income or multi-generational living. Designed and built to the highest standards, this project showcases a modern architectural aesthetic, durable exterior materials, and thoughtful layouts throughout. With 8 rentable units and ample parking, it presents an exceptional opportunity for investors seeking steady cash flow and long-term appreciation. Eligible for CMHC MLI Select (subject to lender and CMHC approval) — allowing potential low down payment and extended amortization. A true turnkey multi-family investment in one of Calgary’s most central and accessible neighborhoods. More details
    Listed by MaxWell Canyon Creek
    Mohit Dhilon
  • 4767 Montana Crescent in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2268220

    4767 Montana Crescent Montgomery Calgary T3B 1E6
    Main Photo: 4767 Montana Crescent in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2268220
    $4,950,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2268220
    Floor Area:
    9,300 sq. ft.
    **Please Check the Pro-Forma in the Supplement attachment** Prime Multifamily Investment Opportunity in Montgomery Calgary Discover a rare opportunity to acquire a high-performing 10 Plex. multifamily with strong financials and unbeatable location. Perfectly situated , the property is university district, walking distance to Market Mall , few minutes to Foothills Hospital, and major Calgary activity hubs, this property combines modern living, exceptional views, and reliable income. Property Highlights Above Ground Area: 9,300 sq. ft. Total Livable Area: 11,500 sq. ft. Unit Mix: • Upper Unit – 3 Bedrooms | 1,650 sq. ft. • Legal Basement Suite – 1 Bedrooms | 600 sq. ft. Parking: 6 Garages spots Living: Private front and back yards for each unit Scenery: Financial Performance Investment Appeal This multifamily complex offers the perfect balance of stable income and long-term appreciation potential. With private outdoor space for each unit, covered parking, and a highly desirable location, it presents an exceptional opportunity for investors seeking both cash flow and asset growth More details
    Listed by First Place Realty
    Mohit Dhilon
  • 1-8 128 22 Avenue NE in Calgary: Tuxedo Park Apartment for sale : MLS®# A2271794

    1-8 128 22 Avenue NE Tuxedo Park Calgary T2E 1T3
    Main Photo: 1-8 128 22 Avenue NE in Calgary: Tuxedo Park Apartment for sale : MLS®# A2271794
    $2,225,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2271794
    Floor Area:
    3,091 sq. ft.
    Perfectly located in the coveted inner-city neighborhood of Tuxedo Park, this eight suite apartment building sits on a deep 118.5' × 75' (8,898.5 sq ft) lot, zoned MC-1. With all units individually metered for electricity and energized parking stalls for every suite, this asset offers rare ease of operation and appeal. The building boasts a strong foundation of long-term tenants and low turnover, and has recently benefited from several capital investments including a boiler replacement in and roof replacement with a 25 year membrane in 2012. The suite layouts are extremely well-designed for one-bedroom living — spacious, functional and targeted to solid renters seeking inner-city convenience. The location is prime: with a Walk Score of 89 (very walkable) and a Transit Score of 58 (good transit access) according to Walk Score data. One block from a bus route and only minutes from downtown, this address delivers urban lifestyle appeal with the quiet character of a well-maintained residential building. Current average rents sit at approximately $1,335/month, with market rent for comparable one-bedrooms in the area estimated at approximately $1,485/month — demonstrating meaningful upside potential for the incoming owner-operator. Management is streamlined: tenants pay their own electricity, there is a building-owned common laundry facility, and the property is easily self-managed with minimal required maintenance. This property offers an excellent turnkey, well-positioned multi-family investment with strong fundamentals, immediate upside, and immediate access to Calgary’s urban rental demand. More details
    Listed by D.C. & Associates Realty
    Mohit Dhilon
  • 4 Rossburn Crescent SW in Calgary: Rosscarrock 4 plex for sale : MLS®# A2274184

    4 Rossburn Crescent SW Rosscarrock Calgary T3C 2N5
    Main Photo: 4 Rossburn Crescent SW in Calgary: Rosscarrock 4 plex for sale : MLS®# A2274184
    $3,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2274184
    Floor Area:
    5,348 sq. ft.
    Exceptional Brand-New 4-Plex with 8 Self-Contained Units in Rosscarrock! Welcome to an extraordinary investment opportunity in one of Calgary’s most desirable inner-city communities — Rosscarrock. Perfectly positioned on a prime corner lot overlooking pristine green space, this brand-new 4-plex offers modern design, impeccable craftsmanship, and exceptional income potential with a total of 8 fully self-contained suites (4 main units plus 4 legal basement suites, subject to final City of Calgary approval). Each of the four main units is a beautifully designed two-storey home featuring 3 spacious bedrooms upstairs, open-concept main living areas, and a private detached garage with storage. The basement suites each feature 1 bedroom, a full kitchen, laundry, and separate private entrance, making them ideal for rental income or multi-generational living. From the ground up, this property showcases the finest in modern building materials and finishing details. You’ll find luxurious quartz countertops, rich hardwood flooring, designer ceramic tile, high ceilings, and elegant lighting throughout. The gourmet main kitchens boast gas cooktops with built-in ovens and microwaves, while the suites feature electric ranges with over-the-range microwaves, all complemented by stainless steel appliances and thoughtful layouts. Every unit has its own mechanical room and laundry, ensuring true independence and ease of maintenance — that’s 8 separate furnaces, 8 hot water systems, and 8 laundries. Adding to its innovation, this 4-plex features Tri-Filler by Biosenta, a revolutionary new anti-germ building product, enhancing long-term hygiene and durability. The property also qualifies for the CMHC multi-unit financing program, offering investors an attractive, low-risk entry into Calgary’s thriving rental market. Whether you’re an investor seeking turnkey revenue, or a developer adding a showpiece to your portfolio, this premium multi-family complex in Rosscarrock represents unmatched quality, location, and long-term value. Some Highlights: 4 brand-new two-storey main units + 4 legal suites (8 total units) Each with private entrance, 4 garage units, storage & laundry Quartz counters, hardwood, tile, high ceilings, gas cooktops Anti-germ Tri-Filler by Biosenta! CMHC loan program eligible! Corner lot with park frontage in Rosscarrock Your next-level investment opportunity is here — a turnkey 8-unit 4-plex built for modern living, strong returns, and lasting value. More details
    Listed by MaxWell Canyon Creek
    Mohit Dhilon
1-12/25
Data was last updated March 15, 2026 at 06:05 AM (UTC)
High Rise building Downtown

Explore Calgary Multifamily Real Estate

Calgary’s multifamily market caters to every type of investor — from first-time buyers entering the rental market to experienced owners managing multi-unit portfolios. Central neighbourhoods such as Beltline, Mount Royal, and Renfrew attract high-demand renters seeking proximity to downtown, while outer communities like Seton, Skyview Ranch, and Evanston offer modern builds and stronger cash flow potential.

Listings are updated directly from the MLS® in real time, giving investors immediate access to new opportunities as soon as they become available. Use our filters to search by property type, unit count, and price range, and schedule private tours with local experts who understand Calgary’s evolving investment landscape.

Calgary Multifamily Market

The Calgary multifamily real estate market remains one of the strongest in Western Canada, supported by job creation, interprovincial migration, and an undersupplied rental inventory. Average cap rates range from 4.5% to 6.5%, depending on asset age and location. Inner-city infill projects offer long-term appreciation, while suburban fourplexes and rowhouse investments deliver immediate rental stability.

Demand for rental housing continues to outpace supply as more professionals and families relocate to Calgary for affordability and quality of life. With steady rent growth, investor-friendly municipal policies, and access to major employment hubs, Calgary’s multifamily market offers a rare combination of security and performance for investors building wealth through real estate.

WHY INVEST MULTIFAMILY

Multifamily real estate in Calgary refers to residential buildings with multiple rental units — from duplexes to apartment complexes. These assets provide consistent income streams, economies of scale, and protection against vacancy fluctuations.

Investing in Calgary’s multifamily sector offers the advantage of strong tenant demand, ongoing population growth, and a resilient housing market. With competitive pricing, high rental yields, and long-term appreciation, Calgary continues to be one of Alberta’s most attractive destinations for real estate investors seeking both income and capital growth

FAQ's

What types of multifamily properties are available in Calgary?
Options include duplexes, fourplexes, townhome developments, and low-rise apartment buildings across various communities.

Why invest in Calgary multifamily real estate?
Calgary combines economic growth, low vacancy rates, and landlord-friendly regulations — ideal conditions for steady rental income.

What areas in Calgary are best for multifamily investment?
Beltline, Renfrew, and Killarney are popular for urban rentals, while Seton, Skyview Ranch, and Evanston attract suburban tenants.

How is multifamily financing structured?
Investors can access CMHC or MLI Select financing with long amortizations, low rates, and high loan-to-value options.

What are current cap rates in Calgary?
Cap rates generally range from 4.5% for prime inner-city assets to over 6% in developing suburban communities.

Are there new multifamily developments underway?
Yes. Areas like Livingston, Alpine Park, and East Hills are seeing new construction catering to the growing rental demand.

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