FULLY rented 40 suite apartment building located in the highly desirable City of Lacombe. This gorgeous property has a great suite mix with 37 2-bedroom suites and 3-1 bedroom 1-bathroom suites with elevator access. Built in 2021 this building is in excellent condition and rents very quickly if any vacancies arise. The modern flair of the building and suite interiors, along with spacious decks and living area make this building a high demand rental property. Each suite has its own stove, fridge, dishwasher, OTR microwave and stacking washer/dryer. Each suite has its own cooling and heating system. Tenants pay their bill. There are 40 energized parking stalls, visitor parking and a few extra if need be. There is also off street parking. The roof is low slope with asphalt shingles. 61 Mackenzie Ranch Way is also for sale (sister building) MLS# A2013581 , and can be purchased together with 81 Mackenzie Ranch Way if desired. This building has a CMHC mortgage in place with a low interest rate that must be assumed with qualified purchaser. DETAILS- Mortgage balance: $5494262.19, Interest rate: 2.46%, Amortization: 30 years, Term: 10 years, Maturity date: 2031/03/01, Payment: $25163.36 P.I.T. (Photos show both 61 & 81 Mackenzie Court)More details
INVESTORS! This is not your typical apartment building! This 10 unit apartment building offers a unique design. Each unit has 2 bedrooms, 1 full bathroom, in-suite laundry, hot water tanks and furnaces. The 2 lower level units have in-floor heat (no furnaces in those 2 suites). All suites are spacious with large windows and nice sized balconies. The 4 units on the top floor have vaulted ceilings. The entire roof received new shingles in 2017. There are 4 single garages and 9 other sparking stalls (5 of them are under a covered car port. This building is conveniently located in North Red Deer with easy access to Hwy 2 and all amenities that North Red Deer has to offer. Across the road is the newly renovated G.H. Dawe Center. This building is also FULLY RENTED! Tenants pay their own gas & power. Water is included in the rent. Mortgage is assumable at 2.16% with 7.5 years remaining.More details
Seller motivated! 4 plex in Town of Manning. 2-3 bedroom units upstairs, 2 - 1 bedroom units downstairs. Recent renovations include new shingles in 2022, new windows on the entire building, siding, new laminate and lino flooring in 3 units, outside siding, and furnaces. Looks like new! Three units have been redone with new appliances, counter tops, tub, toilet and freshly painted. The apartments come with all appliances. This is a great investment property! The owner is willing to subdivide the property and sell each half as a duplex. Come take a look and make an offer!More details
Data was last updated November 28, 2023 at 06:05 PM (UTC)
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