Active

$1,900,000

5701,5703 Evergreen Drive

High Prairie

MLS® #A2328419

  • 9,896 Sqft
  • Built 2007
  • Multi-family
  • ✓ 4+ Parking Spaces
  • ✓ Spacious Layout

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:66619)

Features

Interior

9,896 sqft

Parking

4 spaces

Year Built

2007

Location

Nearby schools, walkability, and amenity information is not yet available for this listing.

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Interested in this property?

Contact Kirsten Bernal for more information or to arrange a showing.

Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.


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