36 residential units (30 x 2 Bedrooms - 6 x 3 Bedrooms), 6 retail bays for 5 tenants on main floor, all units with air conditioning, 46 surface parking stalls and 46 underground parking stalls. Underground parking could be converted to retail spaces with approval from the City of Edmonton. Seller is recruiting for the new residential tenants with new rents.More details
Courtesy of Jeneen L Marchant of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4403094
Build. Type:
Townhouse/Condo Complex
Floor Area:
24,983 sq. ft.2,321 m2
What a great investment opportunity at $165,000 per door! You can own 24 out of 72 units in a townhome complex, each individually titled. There's a mixture of 17 two-story 1044 sq.ft units, and seven 1033 sq.ft bungalow townhomes in this portfolio... all of which are 3 bedrooms! Rents are currently an average of $1,100 and being increased as leases are up for renewal, but you can easily increase to $1,300 on average to reflect market rents (this is shown in the stabilized proforma figures). The current cap rate is 3.46% and again can easily be increased to 5.41% by just going to market rents. The exterior has been completely updated. Also great as a BRRR because the photos reflect the average unit which could use renovations if you want to renovate and refinance, or rent as is. Move in ready and currently professionally managed. Low condo fees, close to schools, parks, transit, and amenities makes us a solid investment for any portfolio. No VTBs or creative financing please.More details
Excellent investment - two storey mixed commercial building located on high traffic road of 107 Avenue. Approximate 15,600 sqft on 2 levels - consisting of 5 retail spaces on main floor with own utility meters. 9 units on second floor (1-1 bedroom, 6-2 bedroom, 2-3 bedrooms) which were built in 2000. Many upgrades: new roof in 2014, upstairs boiler in 2010, upstairs hot water tank in 2015, parking surface in 2012, exterior face lift in 2012, signs in 2018, upstairs ceramic tiles in 2017. 23 Parking stalls, 2 parking stalls rented to next door dentist, 1 garage rented to a mechanic.More details
Courtesy of Natalie M Ambrozuk of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4406667
Build. Type:
Multi Tenant/Multi Plex
Floor Area:
19,344 sq. ft.1,797 m2
Kaybob Apartments presents a rare & lucrative investment opportunity in the vibrant town of Northwestern Alberta, Canada. This well-established property comprises 2 multi-family 3 story buildings, each serviced by elevators, offering a total of 24 rented units. 100% occupied, ensuring immediate income for the investor. 2 multi-family buildings with 12 units each, totaling 24 spacious & fully furnished apartments. Spacious floor plans ft 2 bedrooms & 1 bathroom in each unit. Large balconies w/gas connections, providing tenants with an enhanced living experience. Assumable & knowledgeable local property management in place, ensuring smooth operations & tenant satisfaction. Stable & turnkey investment w/a history of consistent rental income. Positioned between Whitecourt & Valleyview, catering to multiple consistent economic drivers incl oil & gas, forestry, agriculture & tourism. Fox Creek's appeal to residents & businesses alike, w/no rental/investment inventory that competes w/the quality of this offeringMore details
Newer Building in central McDougal. Two commercial units on the main floor . 8 one bedroom plus den on second and third floors. The building is fully rented. Total 10 units with separate titles.More details
Courtesy of Jeneen L Marchant of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4384668
Build. Type:
Multi Tenant/Multi Plex
Floor Area:
4,284 sq. ft.398 m2
LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920’s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 3+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry.More details
Data was last updated October 21, 2024 at 10:30 AM (UTC)
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