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$2,100,000
Est. payment /mo
15,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 15,000 sqft
Price per Sqft $140
MLS® Listing ID E4353431
Year Built 1984
Property Description
EXCEPTIONAL 21 unit Apartment building in the thriving Town of Barrhead, AB. This is the Quality High Return Revenue producing property you've been looking for in a low vacancy quality tenant community only 1 hr from Edmonton. Unrivaled among any comparable properties for it's Meticulously Maintained & Completely updated infrastructure inside & out. One of updates include a $120,000 plus Utility upgrade including High Efficiency Viessmann boilers & Electrical creating very important low operating cost for now & well into the future. 8 @ 2 Bdrm Townhouses, 2 @ 2 Bdrm, 10 @ 1 Bdrm plus Bachelor Suite. Spotless Laundry furnished w/ 3 sets of Commercial quality coin washers & dryers. This Building has been professionally owned & operated & updated w/ all the essentials for a complete No hassle, No major maintenance, No expense ease of management for the next 10+ yrs. High Quality Revenue Return, High Quality Structure, Long Term Tenants & High Quality Location. Increasing revenue w/ increasing rental rates
Location
Province AB
Community Barrhead
Area Barrhead
Building
Story 2
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Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Jeff Parsons • Sunnyside Realty Ltd
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Alexander Lobkov
REALTOR® | License ID: Residential
REALTOR® License ID: Residential