This property is listed by Gary Mah of Exp Realty.
Data was last updated 2024-11-23 at 17:55:56 GMT
MOTIVATED SELLER!! Own Copperstone Manor with a 9.61% Cap Rate with excellent cashflows. This 24 suite apartment building was significantly renovated in 2019 with new luxury vinyl plank flooring throughout the suites; new paint; new bathrooms; new kitchen countertop and tile backsplash; new fire rated doors throughout, upgraded LED lighting, and too much to list. There is an excellent mix of 18 One Bedroom plus 6 Two Bedroom suites. 19 suites are fully furnished with everything to create an Airbnb suite for increased cashflows. Great for workers at oil field sites, forestry, and locals. Each suite is individually metered for electricity. Boiler was installed in 2010 and is well maintained. The 35 year rated roof shingles were installed in 2008. On-site caretaker and helper. Don't miss this opportunity to get a fantastic cashflowing property!! NO VTB OR ASSUMABLE MORTGAGE. See REALTOR's website for more details.
Listing Information
- Prop. Type:
- Multi-Family (Commercial)
- Status:
- Active
- City:
- Swan Hills
- MLS® Number:
- E4382071
- Neighbourhood:
- Swan Hills
- Area:
- Big Lakes
- Province:
- AB
- Listing Price:
- $1,150,000
General Information
- Year Built:
- 1980
- Zoning/Land Use Code:
- For Sale
- Region:
- Big Lakes
Additional Information
- Plan:
- 6240MC
- Legal Block:
- 14
- Legal Lot/Unit:
- 6,7
Other Information
- Land Size Hectares:
- 0
- Building Type:
- Low Rise (2-4 stories), Walk Up
- Site Influences:
- Flat Site, Playground Nearby, Paved Lot, Shopping Nearby, Back Lane, Low Maintenance Landscape, Schools
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.