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MLS® A2328419 · Active

5701,5703 Evergreen Drive

High Prairie, Alberta

$1,900,000

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2328419
Status
Active
Property type
Multi-family
City
High Prairie
Year built
2007
Living area
9896 square feet
Listing brokerage
Grassroots Realty Group - High Prairie

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of Grassroots Realty Group - High Prairie. Source attribution · REALTOR.ca

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