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 |