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:58126)
| MLS® Number | A2328419 |
| Property Type | Multi-family |
| Parking Space Total | 4 |
| Plan | 0727987 |
| Appliances | Refrigerator, Range - Electric, Washer & Dryer |
| Constructed Date | 2007 |
| Size Interior | 9896 Sqft |
| Total Finished Area | 9896 Sqft |
| Type | Multi-family |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | Residential R3 |
https://www.realtor.ca/real-estate/30062227/57015703-evergreen-drive-high-prairie
Contact us for more information
Misty Gaudet
Associate Broker
(780) 523-0186
https://grassrootsrealtygroup.ca/location/high-prairie/
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