5701,5703 Evergreen Drive High Prairie, Alberta T0G 1E0

9,896 sqft

$1,900,000

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing. (id:63476)

Property Details

MLS® Number A2328419
Property Type Multi-family
Parking Space Total 4
Plan 0727987

Building

Appliances Refrigerator, Range - Electric, Washer & Dryer
Constructed Date 2007
Size Interior 9,896 Sqft
Total Finished Area 9896 Sqft
Type Multi-family

Land

Acreage No
Size Total Text Unknown
Zoning Description Residential R3

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found

 

Scroll to Top