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10803 97 Av Westlock, Alberta T7P 1R3

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$4,200,000

Less than a forty minute cruise from St. Albert, within the safe and growing town of Westlock lies your chance to own a pristine thirty tenant building. Sixteen two bedroom, and fourteen one bedroom apartment units totaling about 22,400 square feet. Projected monthly income of thirty thousand. Two-bed units include laundry in-suite, and coin operated laundromat for the one bedroom tenants. Natural gas boiler system heats the floors on all the levels. Spacious manager's office with window on main. No need to take the stairs as this project has a top notch elevator. Handy exterior storage sea can be used for maintenance equipment, and it has been tastefully suited to match the buildings exterior. Over half an acre site, one year leases, no pets, no smoking, and no barbecue rules enforced. Professionally managed. Fifty no maintenance, all concrete, parking stalls. Building completed in 2012. Potential 40 year amortization financing though CMHC conditional to buyers credit available. (id:30777)

Property Details

MLS® Number E1023584
Property Type Multi-family
Neigbourhood Westlock
Community Name Westlock
Features See Remarks, No Animal Home, No Smoking Home
Parking Space Total 50

Building

Constructed Date 2007
Fireplace Present No

Land

Acreage No

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=18500629

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Coldwell Banker Venture Realty
201, 10114 156 Street
Edmonton, Alberta T5P 2P9

(780) 483-0601
(780) 484-9558