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CAD 4,200,000

10803 97 AV
Westlock, Alberta

Property Description

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:8860)

Listed by Coldwell Banker Venture Realty

Property Details

ID #
E1023584
Status
For Sale
Type
Residential, Multi-Family Home, Multi Residential
Postal Code
T7P1R3
Year Built
2007
Parking Spaces
50
Heating - Fuel Type
Gas

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