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$1,900,000
High Prairie
57015703 Evergreen Drive, High Prairie, Alberta, T0G1E0
This multi-family property in High Prairie is for sale offering roughly 9,896 sq ft of space. It has been on the market 106 days, fresher than the High Prairie average of 303 days.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 106 days on market, against an average age of 303 days across the listings currently for sale in this city
This multi-family in High Prairie has been listed for 106 days, which is 197 days fresher than the city average of 303. Act while there is still low competition.
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Loading rates, 30-yr amortization
Cash Needed to Close
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