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Home AB Grande Prairie County No. 1
9503 112 Avenue
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9503 112 Avenue $3,625,000
$3,625,000
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9503 112 Avenue
Clairmont, Alberta T8X5C8

MLS® Number: A2195843

Listing Description

16 Unit CASH FLOWING apartment complex featuring Eight 3 bed 2.5 bath upper suites and Eight 2 bed 1 bath basement suites for a total finished sqft of 15096 sqft including the basement suites. This attractive complex was built in 2017 and there are separate power meters for each suite and a common boiler for heat and hot water for the whole 16 unit complex. The central parking area boasts 32 parking stalls and is right beside a large kids park and greenspace. Located just 10 minutes north of Grande Prairie in Clairmont. Clairmont boasts a k-8 school, miles of paved walking trails, a skate park, splash park and the Clarimont industrial park is home to 100's of Industry Service Companies like Finning, Kenworth, Precision Well, Brandt, Cummings and more. This complex is being offered for sale at the competitive price of the 2024 appraised value. A CMHC broker has already analyzed the financials and an 85% loan-to-value mortgage is possible for pre-approved buyers with good credit and a net worth of $750,000+. Seller financing is not available. Financial pro forma is available with a signed NDA and once signed showings will be made available to qualified buyers with a signed NDA, letter of introduction from your banker proving your ability to purchase or a bank pre-approval letter. Total monthly rent is $28,500 / month with no vacancy,3d TOURS ARE ATTACHED TO THE LISTING, THE LINK FOR VIRTUAL TOUR OR MULTI MEDIA IS UPPER SUITE, 3D IS THE LOWER SUITE. (30130095)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Title
Freehold
Land Size
Unknown
Built in
2017
Annual Property Taxes
$13,647
Total Parking Spaces
32
Time on REALTOR.ca
39 days

Building

Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Washer & Dryer
Flooring
Carpeted, Vinyl Plank
Basement Features
Suite
Basement Type
Full
Building Features
Foundation Type
Poured Concrete
Style
Attached
Construction Material
Poured concrete, Wood frame
Structures
Deck
Exterior Features
Exterior Finish
Concrete
Parking
Total Parking Spaces
32

Measurements

Square Footage
10288 sqft
Total Finished Area
10288 sqft

Land

Other Property Information
Zoning Description
mdr
Data provided by: Pillar 9™

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