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$ 1,900,000
Est. payment /mo
New
5701, 5703 Evergreen Drive High Prairie, AB T0G 1E0
9,896 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 9896.0
Square Footage 9,896 sqft
Price per Sqft $191
MLS Listing ID A2328419
Year Built 2007
Property Sub-Type 4 plex
Property Description
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.
Location
Province AB
County 0506
Zoning Residential R3
Interior
Fireplace No
Appliance Electric Range, Refrigerator, Washer/Dryer
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 4
Garage No
Building
Dwelling Type Four Plex
Others
Restrictions None Known
Listed by Grassroots Realty Group - High Prairie