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CAD 599,900

1-8, 1504 Railway Avenue
Enilda, Alberta

Property Description

INVESTOR ALERT! Amazing cash flow for this 8-plex situated 10 minutes east of High prairie. This property features 8 bachelor suites on 10 acres. With an NOI of $53,000 and long-term tents with very little turnover this property gives you safe investment to park your cash in. The property offers lots of room for expansion or the building or the opportunity to build a second building. High Prairie is the hub of the area and has plenty of economic drivers including a new hospital, lumber mill, farming, oil and gas and tourism thanks to Lesser Slave Lake. This is a great opportunity that wont last long. (id:885)

Courtesy of eXp Realty

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Property Details

ID #
A1253969
Status
For Sale
Type
Multi-family, Apartment, Multi Residential, Residential
Postal Code
T0G0W0
Building Area
2,000ft2
Year Built
1970
Acreage
Yes
Appliances
Range, Refrigerator
Construction Style Attachment
Attached
Ownership Type
Freehold
Zoning Description
R-2
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