The Affordable Business Partner. Providing affordable & innovative business buying & selling services in Alberta & Saskatchewan. How can we help you 35 Suite Apartment Building Central Alberta. Investment Level 3 325 000Fully tenanted 35-unit apartment building for sale in Central Alberta. Opportunity to increase revenue as the units are currently rented at various rates. The building offers 70 powered parking stalls (up to 3 vehicles unit is included in the rent). Ongoing unit upgrade program with a new torch roof (9 years) and a new boiler system (5 years). Electricity is separately metered and there is a coin laundryBuilding at a glance Age Built in 1980 Suite Mix One Bedroom 11 Two Bedroom 24 Parking 70 Surface Stalls with Power Construction Wood Frame Power Separately Metered Suites Heating Hot Water18 Suite Apartment Building Northern Saskatchewan Investment level 3 100 000 Opportunity to invest in a well-appointed and well priced 5 year old 18 Suite Apartment Building located in a smaller Northern Saskatchewan center The population of the community is approximately 2 000 with a nearby recreational area that enjoys over 300 000 visitors each year. The number one industry in the area is agricultural which provides a consistent balanced economy. 17 out of the 18 units are rented out. The average rent is 1 850 per month which covers tenant s rent power internet Wi-Fi heat and water. An independent appraisal of 3 200 000 was just completed on the property. Seller will guarantee full occupancy for the first 2 years. Financing available OAC Interested parties for these opportunities are required to complete a buyer s profile and an NDA prior to confidential and financial information being released. Thank youFor additional information regarding this business opportunity or our services visit The Affordable Business Partner.com
Price: 3,000,000 CAD
Category: Real Estate - Commercial
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