16 Unit CASH FLOWING apartment complex featuring Eight 3 bed 2.5 bath upper suites and Eight 2 bed 1 bath basement suites for a total finished sqft of 15096 sqft including the basement suites. This attractive complex was built in 2017 and there are separate power meters for each suite and a common boiler for heat and hot water for the whole 16 unit complex. The central parking area boasts 32 parking stalls and is right beside a large kids park and greenspace. Located just 10 minutes north of Grande Prairie in Clairmont. Clairmont boasts a k-8 school, miles of paved walking trails, a skate park, splash park and the Clarimont industrial park is home to 100's of Industry Service Companies like Finning, Kenworth, Precision Well, Brandt, Cummings and more. This complex is being offered for sale at the competitive price of the 2024 appraised value. A CMHC broker has already analyzed the financials and an 85% loan-to-value mortgage is possible for pre-approved buyers with good credit and a net worth of $750,000+. Seller financing is not available. Financial pro forma is available with a signed NDA and once signed showings will be made available to qualified buyers with a signed NDA, letter of introduction from your banker proving your ability to purchase or a bank pre-approval letter. Total monthly rent will be $28,850 / month ( one basement unit currently vacant advertised at $1600, current total is $27,250)3d TOURS ARE ATTACHED TO THE LISTING, THE LINK FOR VIRTUAL TOUR OR MULTI MEDIA IS UPPER SUITE, 3D IS THE LOWER SUITE.
Address
9503 112 Avenue
List Price
$3,625,000
Property Type
Multi-Family
Type of Dwelling
Row/Townhouse
Style of Home
STKTH
Area
Clairmont
Sub-Area
Other
Floor Area
10,288 Sq. Ft.
Year Built
2017
MLS® Number
A2195843
Listing Brokerage
Sutton Group Grande Prairie Professionals
Basement Area
Full, Suite
Postal Code
T8X 5C8
Zoning
mdr