Superb Investment Opportunity with a great cap rate ! Located in the heart of all the newsworthy action with the announcement of the new Power Plant project in the area this makes for a perfect addition to your portfolio . This complex consists of 14 units among 3 buildings . 2-6 unit (2 bedroom) buildings and 1-2 unit (3 bedroom ) building . Total of 12 -2 bedroom units and 2-3 bedroom units . Each unit is fully self contained with 5 appliances. These buildings are less than 10 years old and masterfully done by a reputable New Home Warrantied builder . The complex has back alley access and newest feature is covered parking ! This complex rarely has an empty unit holding for a 96% + occupancy rate .
Address |
5307-5315 47 Street |
List Price |
$2,450,000 |
Property Type |
Commercial |
Type of Dwelling |
Multi Family |
Area |
Whitecourt |
Sub-Area |
Other |
Year Built |
2014 |
MLS® Number |
A2063027 |
Listing Brokerage |
CENTURY 21 NORTHERN REALTY
|
Postal Code |
T7S 1Y4 |
Zoning |
R4 |