5701,5703 Evergreen Drive, High Prairie, AB T0G1E0
5701,5703 Evergreen Drive, High Prairie, AB T0G1E0
5701,5703 Evergreen Drive, High Prairie, AB T0G1E0
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$1,900,000
Est. payment /mo
9,896 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 9896

Square Footage 9,896 sqft

Price per Sqft $191

MLS® Listing ID A2328419

Year Built 2007

Property Sub-Type Freehold

Property Description

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Others

Ownership Freehold


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Listed by Grassroots Realty Group - High Prairie

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Jeffrey Sefton

Jeffrey Sefton

+1(250) 244-1762

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5701,5703 Evergreen Drive